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Financial Factors in Selecting Plan Investments: Final Rule
Schneider Downs
[Guidance Overview] Dec. 1, 2020 "The final rule ... prohibits fiduciaries from selecting investments based solely on non-pecuniary considerations. However, in the case of participant-directed plans ... plan fiduciaries may in some circumstances offer ESG or other investment options that focus on non-pecuniary interests as one of the plan's available investment alternatives, provided that generally applicable fiduciary duties are otherwise satisfied in connection with the investment." MORE >> |
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