Balancing Fiduciary Duty With ESG Demand : vimarsana.com

Balancing Fiduciary Duty With ESG Demand


Balancing Fiduciary Duty With ESG Demand
As desire for sustainable investments increases, retirement plan sponsors are still cautious about offering ESG funds while regulatory guidance is stalled.
Reported by
Interest in environmental, social and governance (ESG) investing continues to increase, but how can defined contribution (DC) plan sponsors meet participants’ and their own interests while still abiding by their fiduciary duties under the Employee Retirement Income Security Act (ERISA)?
That balance is so important that the Department of Labor (DOL) issued a strict proposal last year, ordering plan fiduciaries to avoid investing in ESG funds that may offer a lower return or increased risk compared to other, non-ESG funds. The proposal later was the target of intense scrutiny, with many arguing that ESG considerations are financial considerations. In response, the DOL issued a much softer stance as its final rule.

Related Keywords

Jodan Ledford , Patrick Dinan , Charlie Nelson , George Sepsakos , Groom Law Group , Cerulli Associates , Department Of Labor , Employee Retirement Income Security Act , Certified Financial Planner , Groom Law , ஜோடன் லெட்ஃபோர்ட் , பேட்ரிக் தினன் , சார்லி நெல்சன் , மாப்பிள்ளை சட்டம் குழு , துறை ஆஃப் தொழிலாளர் , ஊழியர் ஓய்வு வருமானம் பாதுகாப்பு நாடகம் , சிஇஆர்டிஐஎஃப்ஐஇடி நிதி திட்டமிடுபவர் , மாப்பிள்ளை சட்டம் ,

© 2025 Vimarsana