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Dalbar: DOL's Proposed ESG Rule Will Hurt Plan Participation, Contributions
Financial Advisor Link to more items from this source
[Opinion]
Aug. 6, 2020

"The [DOL] gravely erred in its proposal to limit ESG investing, which will hurt both participation levels and contributions in retirement plans ... Dalbar said in a comment letter.... If the DOL tries choosing the investments employees can select, it ultimately will dictate how many employees participate in a workplace plan and how much they contribute, the company argued."

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