Simplifying a defined contribution (DC) plan’s investment menu could encourage more employees to participate in the plan, sources say.
Tag: environmental social and governance
Forty-three percent incorporate ESG factors, up from 22% in 2013.
GAO says in other cases where plans may face complexity, such as selecting a target-date fund or monitoring pension consultants, the DOL has provided general information, including items to consider and questions to ask. It suggests that the DOL do the same with ESG investing.
One reason DC plans are outpacing DB plans in terms of ESG adoption has to do with a difference in pressing priorities, rather than doubts among DB plans of the viability or usefulness of ESG.
Transamerica launches Stable Value account for retirement plans; Fidelity offers third ESG investing option; Vanguard ESG ETFs to commence trading in September; and more.
Investors surveyed by Natixis cited strategies they've been using to diversify their portfolios.
Cerulli even expects environmental, social and governance investing to become "the baseline of how portfolios are constructed."
Hartford Funds expands fixed income ETF suite; Sage releases ESG Intermediate Credit Index; ICMA-RC opening investments to private sector.