Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Sr. Benefits Plan Administrator

The Catholic Diocese of Arlington
(Arlington VA)

The Catholic Diocese of Arlington logo

Pension Plan Administrator

DeMars Pension Consulting Services, Inc.
(Overland Park KS)

DeMars Pension Consulting Services, Inc. logo

Retirement Plan Consultant (RPC)

Qualified Plan Consultants, LLC (QPC)
(Remote)

Qualified Plan Consultants, LLC (QPC) logo

Senior Account Analyst

Nolan Financial
(Remote / Bethesda MD)

Nolan Financial logo

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / Tacoma WA / CO / OR)

Farmer & Betts, Inc. logo

Account Representative

Nolan Financial
(Remote / Bethesda MD)

Nolan Financial logo

Senior Retirement Plan Administrator

TPS Group
(Remote / Buffalo NY)

TPS Group logo

Retirement Plan Consultant

Cetera Retirement Plan Specialists
(Remote)

Cetera Retirement Plan Specialists logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Customer Experience Specialist

Aimpoint Pension
(Remote / Pompano Beach FL)

Aimpoint Pension logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

DC Plan Administrator

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Retirement Plan Consultant

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Plan Compliance Analyst (Administrator)

RPA
(Remote / Falls Church VA)

RPA logo

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

View ARPA News and Resources

<< Older News  |  September 20, 2021

News

All News > Retirement Plan Investments - ESG

Get this news and more in our free daily email newsletters.
Participants Prefer Socially Responsible Funds Over Traditional Investments
PLANSPONSOR; free registration may be required Link to more items from this source
Aug. 24, 2021

"A recent Morningstar study found participants may be willing to trade in return gains for the opportunity to invest in socially responsible funds.... [A]lthough survey participants strongly favored funds with high five-year returns, they preferred funds or asset managers with both strong financial metrics and high diversity, equity and inclusion (DEI) or gender equality scores."

Tags: Retirement Plan Investments  •  Retirement Plan Investments - ESG

Sustainable Investment in Retirement Plans
Pension Research Council, The Wharton School of The University of Pennsylvania Link to more items from this source
Aug. 12, 2021

"Since its green shoots first emerged around fifty years ago, acceptance of environmental, social, and governance (ESG) considerations in institutional investing -- especially at pension funds -- has evolved with distinct shifts in investor preferences. [This article] traces these shifts and their implications, leading up to the present day.... [It] offers a variety of distinct viewpoints from a variety of countries, on whether, how, and when ESG criteria should, and should not, drive pension fund investments."

Tags: Retirement Plan Investments - ESG

ESG Regulation Submitted to OMB by DOL
PLANSPONSOR; free registration may be required Link to more items from this source
Aug. 10, 2021

"The [DOL] has submitted a new proposed regulation to the White House's Office of Management and Budget (OMB), titled 'Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.' The submission represents a key step forward for the Biden administration's stated plans of modifying the regulatory framework that controls retirement plan fiduciaries' actions when considering and using environmental, social and governance (ESG)-themed investments."

Tags: Fiduciary Duties  •  Retirement Plan Investments  •  Retirement Plan Investments - ESG

The Origins of ESG in Pensions: Strategies and Outcomes
Pension Research Council, The Wharton School of The University of Pennsylvania Link to more items from this source
Aug. 6, 2021

"[T]he particular structure of pension funds creates both advantages and disadvantages for the integration of ESG. This paper reviews the historical origins, regulatory mandates, and fund structures of pensions, to tease out exactly which of these characteristics enable and which of them impede the inclusion of ESG at pension funds."

Tags: Retirement Plan Investments - ESG

Considering New Uses for SDBAs
PLANSPONSOR; free registration may be required Link to more items from this source
Aug. 3, 2021

"Self-directed brokerage accounts could be the answer for meeting participants’ ESG investing desires and maybe guaranteed lifetime income needs."

Tags: Retirement Plan Design  •  Retirement Plan Investments  •  Retirement Plan Investments - ESG

Federal Workers to Gain Access to ESG in Retirement Portfolios
Roll Call Link to more items from this source
July 15, 2021

"The Thrift Savings Plan, a $762 billion defined contribution plan akin to a 401(k) for most federal government workers, will become the latest and the largest retirement plan to offer participants ESG investment options. By next summer, the plan's 6.3 million participants ... will gain access to a mutual fund window in which they can designate portions of their accounts to any of more than 5,000 funds, including some that consider ESG factors[.]"

Tags: Federal Government Plans  •  Retirement Plan Investments - ESG

ESG and Downside Risks: Implications for Pension Funds
Pension Research Council, The Wharton School of The University of Pennsylvania Link to more items from this source
July 12, 2021

"Due to their long-term horizons, pension funds face enhanced exposures to the long-lived effects of many ESG risks.... [The authors] discuss the implications of these risks and provide evidence on institutional investors' perspectives on climate-related downside risks and how these risks are priced in financial markets."

Tags: Retirement Plan Investments - ESG

Dollars and Sense: How to Integrate ESG into Compensation Programs
Womble Bond Dickinson Link to more items from this source
July 6, 2021

"[A] 2020 survey of 338 global boards of directors ... showed that 32 percent of boards plan to tie ESG metrics to executive pay within the next 12 months, and an additional 37 percent plan to do so within the next three years.... This article outlines current best practices for how companies, particularly public companies, should approach integrating ESG metrics into their executive compensation programs."

Tags: Executive comp  •  Retirement Plan Investments - ESG

Editor's Pick Incorporating ESG in DC Plans: A Resource for Plan Sponsors (PDF)
Defined Contribution Institutional Investment Association [DCIIA] Link to more items from this source
June 30, 2021

11 pages. "Key recommendations include: [1] Define 'sustainability' and clarify investment beliefs around ESG considerations in relevant plan documents ... [2] Examine key considerations and differences among three implementation options for DC plans to understand which path is most appropriate for the plan: material ESG factor integration across all investments, selective sustainable investing funds in the plan lineup, or self-directed brokerage windows. [3] Measure and monitor sustainable investments in a manner consistent with the assessment of other investment options."

Tags: Fiduciary Duties  •  Retirement Plan Investments - ESG

Sustainable Boost: Thrift Savings Plan to Offer ESG Funds in 2022
401(k) Specialist Link to more items from this source
June 29, 2021

"The federal government's Thrift Savings Plan -- the world's largest retirement plan with about $760 billion in assets and 6.3 million participants -- is planning to offer environmental, social and governance (ESG) funds ... in a new mutual fund 'window' similar to a brokerage option. The window, which will be run by Alight Solutions, will include 5,000-plus funds and will go live in summer 2022."

Tags: Federal Government Plans  •  Retirement Plan Investments - ESG

Why You Don't (Yet) Have an ESG Option in Your 401(k)
GreenBiz Link to more items from this source
[Opinion]
June 23, 2021

"[A recent survey] found that 90 percent of participants who knew of ESG-related options offered by their employer invested in them. And nearly 70 percent of participants who weren't offered an ESG option, or weren't sure, said they might contribute more to their 401(k) if one were available.... Why haven't 401(k)s joined the ESG revolution? Here [are] a few of the main reasons -- along with the reasons they're no longer relevant."

Tags: 401(k) Plans  •  Retirement Plan Investments - ESG

Spring 2021 DOL Regulatory Agenda Includes Retirement Plan Projects
October Three Consulting Link to more items from this source
June 22, 2021

"The Agenda includes four significant [DOL] regulatory initiatives ... [1] mandatory annual DC plan lifetime income illustrations, required by the [SECURE Act] of 2019; [2] fiduciary duties with respect to retirement plan investments based on environmental, social, and corporate governance (ESG) factors and with respect to proxy voting; [3] a revision of the DOL advice fiduciary rule; and [4] implementation of the SECURE Act's DC 'group of plans' combined 5500 provision. In this article [the authors] briefly review, and provide some background on, these projects."

Tags: Fiduciary Duties  •  MEP/PEP  •  Retirement Plan Administration  •  Retirement Plan Investments - ESG  •  SECURE Act

New Maine Law Requires State Pension Fund to Divest Fossil-Fuel Companies
Pensions & Investments Link to more items from this source
June 18, 2021

"Maine Gov. Janet Mills signed into law a bill that would require the $17.6 billion Maine Public Employees Retirement System, Augusta, and the state treasurer to divest holdings in fossil-fuel companies by Jan. 1, 2026.... The legislation also requires the pension fund and the state to halt investing in multiple fossil-fuel companies."

Tags: Retirement Plan Investments - ESG  •  State and Local Government Plans

House-Approved Legislation Would Mandate ESG Disclosures
American Retirement Association [ARA] Link to more items from this source
June 18, 2021

"The House approved the Corporate Governance Improvement and Investor Protection Act (HR 1187) June 16 ... Advocates for the legislation argue that investors have been demanding more -- and better -- disclosure of ESG information from public companies, with many investors viewing ESG factors as important, not just for evaluating reputational risks, but for evaluating companies' financial performance as well as long-term viability."

Tags: Retirement Plan Investments - ESG

Current Legislation and Regulatory Outlook: ESG Update
October Three Consulting Link to more items from this source
June 17, 2021

"There have been several recent policy initiatives with respect to ERISA fiduciary policy on environmental, social, and governance (ESG) investing in retirement plans.  ... Biden Executive Order ... Legislation introduced to authorize ESG investments and repeal DOL's ESG regulation ... Legislation introduced authorizing a 'sustainable investment policy'."

Tags: Retirement Plan Investments - ESG

Call It a Comeback: The Likely Return of ESG Investing in ERISA Accounts
Mintz Link to more items from this source
June 7, 2021

"Democratic Senators Patty Murray (D-Wash.) and Tina Smith (D-Minn.), along with Representative Suzan DelBene (D-Wash.), have introduced a bill that would expressly allow ESG investing in retirement accounts ... If enacted, the proposed law would effectively give ESG criteria equal status for investment decision makers in the market and allow ESG investments to be included in default retirement investment funds."

Tags: Retirement Plan Investments - ESG

Texas Legislature Passes Anti-ESG Bill
Sidley Austin LLP Link to more items from this source
May 27, 2021

"If signed into law by Republican Gov. Greg Abbott, SB 13 would require Texas' public pension funds to 'sell, redeem, divest, or withdraw all publicly traded securities of [any] financial company …' that 'boycott[s] energy companies.' ... The bill ... would affect the state's six pension funds ... [and] would be one of the first state-level pushbacks against recent ESG developments on Wall Street."

Tags: Local Regulation  •  Retirement Plan Investments - ESG

Significant ESG Movement on the ERISA Front
Stradley Ronon Link to more items from this source
May 25, 2021

"Legislation is afoot that would amend ERISA to expressly permit fiduciaries to account for environmental, social and governance (ESG) factors as part of their fiduciary duties.... [T]he bill provides that an investment selected based on ESG or similar factors may be a permissible [qualified default investment alternative (QDIA)] for a plan that uses a default investment option as part of its menu."

Tags: Fiduciary Duties  •  Retirement Plan Investments - ESG

Executive Order Directs Reconsideration of All Recent ERISA Regs Barring Consideration of ESG Factors
American Retirement Association [ARA] Link to more items from this source
May 21, 2021

"[T]he May 20 Executive Order on Climate-Related Financial Risk directs the Secretary of Labor to 'consider suspending, revising, or rescinding any rules from the prior administration that would have barred investment firms from considering environmental, social and governance factors, including climate-related risks, in their investment decisions related to workers' pensions.' "

Tags: Retirement Plan Investments - ESG

New Federal Bill Seeks to Add ESG Responsibilities Under ERISA
Pensions & Investments Link to more items from this source
May 21, 2021

"[T]he Financial Factors in Selecting Retirement Plan Investment Act ... [would require] plans ... to consider ESG factors in a prudent manner consistent with their fiduciary obligations, the same legal standard that ERISA already applies to non-ESG investment factors."

Tags: Retirement Plan Investments - ESG

Plans with ESG Options See Larger Contribution Rates
PLANSPONSOR; free registration may be required Link to more items from this source
May 13, 2021

"Of those who said their DC plan did not offer ESG investment options or did not know, 69% said they would or might increase their overall contribution rate if they were offered ESG options. Only 31% said they would not."

Tags: 401(k) Plans  •  Retirement Plan Investments - ESG

Does DOL's Latest Investment Duties Regulation Change How Fiduciaries Are Expected to Make Investment Decisions for Employee Benefit Plans? (PDF)
The Wagner Law Group Link to more items from this source
[Guidance Overview]
Apr. 23, 2021

"Eliminating references to ESG factors altered the nature of the proposed amendment. The regulation left standing instead changes how all fiduciaries are to approach all investment decision-making in connection with all types of employee benefit plans.... [It] adopts the idea that loyalty to plan interests requires the exclusion of any other interest, including collateral benefits or goals of an investment[.]"

Tags: Fiduciary Duties  •  Retirement Plan Investments  •  Retirement Plan Investments - ESG

ESG Mutual Fund Portfolios for Retirement Savers
Morningstar Link to more items from this source
Apr. 19, 2021

"Interest in ESG investing comes from investors of all ages, but younger investors appear to have a particular affinity for investing in line with their personal principles.... [This article describes] a series of ETF model portfolios geared toward people who are still accumulating assets for retirement, as well as 'bucket' portfolios for people who are retired and actively drawing from their portfolios for living expenses."

Tags: Retirement Plan Information for Employees  •  Retirement Plan Investments  •  Retirement Plan Investments - ESG

DOL Puts Enforcement of Retirement Plan ESG Rules on Hold
King & Spalding Link to more items from this source
Mar. 25, 2021

"The DOL cited criticisms that the rules fail to consider evidence that ESG factors 'improv[e] investment value and long-term investment returns for retirement investors,' and have a 'chilling effect on appropriate integration of ESG factors' into ERISA investment decisions."

Tags: Retirement Plan Investments - ESG

Why Is There No Consensus on What 'ESG' Means?
Fiduciary News; free registration required Link to more items from this source
[Opinion]
Mar. 16, 2021

"Is it prudent to even consider making investment decisions on a concept for which there is no universal consensus, let alone peer-reviewed academic studies that can verify the significance of any hypothetical quantification of it? ... Without some clear and tested definition of ESG, investors may as well be throwing darts to determine what to buy and sell."

Tags: Retirement Plan Investments - ESG


<< Older News  |  September 20, 2021

© 2021 BenefitsLink.com, Inc.