Pensions

“New Labor Department rule puts 401(k)s at greater risk” – The Hill – October 21, 2020

On October 21, 2020 Fiona Reynolds, CEO of the UN-supported Principles for Responsible Investment (PRI), contributed an opinion piece to The Hill. The largest asset owners and managers around the world are considering environmental, social and governance (ESG) factors in their investment decision making more than ever before, and yet U.S. regulators are moving in the […]

“Trump Plan to Block Green 401(k)s Stirs Fund Industry Fury” – Bloomberg – August 31, 2020

On August 31, 2020 Bloomberg reported that the “world’s largest asset managers are speaking out against a Trump administration plan that would make it more difficult for them to incorporate environmental, social and governance factors when making investment decisions, a move that could limit green investing in 401(k) plans. Fidelity Investments wrote in an 11-page […]