Final Rule for Selecting Retirement Plan Investments Leaves ESG Behind

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Final Rule for Selecting Retirement Plan Investments Leaves ESG Behind
McDermott Will & Emery

[Guidance Overview]
Dec. 11, 2020

"Due to complaints from commentators about a lack of industry consensus about what constitutes an 'ESG' investment, the DOL dropped the 'ESG' terminology from the Financial Factors Rule. Instead, the Financial Factors Rule concentrates on whether a factor involved in selecting plan investments is 'pecuniary.' " MORE >>

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