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.
The deals, which include its first stake in Ohio, push the national women-led firm up to $47 billion in assets.
The Dynasty Financial partner firm's latest deal in Connecticut adds roughly $600 million in client assets.
The giant broker dealer and RIA overseeing roughly $554 billion in AUA has appointed a Merrill and BofA alum to support advisor growth.
Firm's CEO is confident SEC can approve without legislation.
The group led by a 37-year industry veteran brings $470 million in assets to the Philadelphia-based broker dealer.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
