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On Its Way To Net Zero, USS To Tilt £5 Billion Of Assets Under Management To Solactive USS Developed Markets Climate Transition Benchmark

<p><span>ESG investing has been gaining increased momentum, especially in the investment sector. Last May, the Universities Superannuation Scheme (“USS”), the UK’s largest private pension scheme, announced an  ambition to become net zero for carbon for its investments by 2050 if not before. Today, USS Investment Management, its wholly-owned investment arm, is introducing a climate “tilt” to a portion of the Global Developed M...
United Kingdom Un Sustainable Development Goals Sdgs Universities Superannuation Scheme Global Developed Markets Equity Defined Benefit Defined Contribution

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Department Of Labor Clarifies Position Regarding Private Equity Investments By ERISA 401(k) Plans - Employment and HR

On December 21, 2021, the Department of Labor (the "DOL") published a letter (the "2021 PE Letter")1 clarifying its
current views regarding investments in private equity by ERISA-covered individual account plans' (such as 401(k) plans).
Us Department Of Labor Commission Risk Alert Department Of Labor Supplemental Statement Private Equity Defined Contribution
Source: mondaq.com

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