ESG investments permissible offerings in retirement plans?

A proposed DOL rule would allow fiduciaries to offer Environmental, Social, and Governance (ESG) investments in qualified retirement plans. Previously, fiduciaries were limited to basing investment options on pecuniary factors (i.e., investments that made money). The proposed rule lists ESG factors to consider: climate-change related factors, governance factors, and workforce practices. #IdeaoftheDay

Check out the new blog post today!