A survey of defined-contribution plan participants by Schroders found that 40% didn't know whether their employer's plan offered environmental, social and governance investment options.
But 69% of the members of that group, along with those who said their DC plan did not offer ESG investment options, said they would or might increase their overall contribution rate if offered ESG options. Only 31% said they would not.
The survey found that among participants who were aware of their ESG options, 9 out of 10 said they invest in them.
“Offering plan participants ESG investment options — and providing greater plan communications about them — would not only appeal to purpose-minded investors, but also could help to motivate some participants to save more toward their retirement,” said Deb Boyden, the head of Schroders' US defined contribution group.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
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Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
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