"For pension beneficiaries across the country, this proposal by the [DOL] is a positive step toward ensuring that accountability and fiscal responsibility take precedent.... The proxy system has long been taken advantage of by those without fiduciary responsibilities, preventing sound advice from reaching the nation's pension and investment funds ... [M]ore should be done by the Department to counter the unaccountable practice of 'robo-voting,' in which some fund managers have simply accepted the voting recommendations of proxy advisors automatically without considering the broader fiduciary impact of the proposals."  MORE >>