Displaying 171 results
Reaching the next generation of investors via ESG
Given the growing interest in ESG, rules and regulations that seek to restrict ESG investments are short-sighted and ultimately negatively impact investors
DOL schedules hearing on investment advice proposal
The session is slated for Sept. 3 following pressure from Democratic lawmakers and investor advocates
Labor Department’s ESG proposal likely to advance amid overwhelming opposition
More than 95% of nearly 8,700 comment letters opposed the rule, according to a recent study by US SIF
New DOL advice proposal is a step forward
Two areas for further improvement are the measure's disclosure proposal and its stance on rollovers
Democrats oppose DOL investment advice rules as convention begins
Vice presidential pick Kamala Harris signed a comment letter seeking withdrawal of the measure in August
DOL denies requests to extend comment deadline on advice proposal
Sen. Murray says agency is ‘charging ahead recklessly’ and could cost retirement savers billions
Brokerage, insurance firms raise concerns about DOL advice proposal
The rewrite of the vacated Obama fiduciary rule also draws criticism from investor advocates
DOL’s ESG proposal gets over 1,500 responses
Many comment letters voiced opposition to the rule, stating that the proposed restrictions within 401(k)s would hurt investors and could lead to more lawsuits
Don’t look a gift horse in the mouth
The DOL's proposal on using ESG investments in retirement plans could remind advocates of sustainable finance of the work still to be done
SEC, DOL take different approaches to regulating ESG investing
The DOL proposal likely would chill the use of socially responsible investments in retirement accounts; the SEC focuses on disclosure
DOL’S ESG proposal would hurt retirement accounts
The proposal fails to account for evidence that long-term investors, like retirees, are likely to earn better returns
DOL urged to address conflicts in pooled employer plans
But there is little consensus on how to do so, according to comment letters submitted this week to the regulator
Former DOL officials say agency historically grants hearings on regulatory proposals
Sen. Patty Murray recently requested a session on DOL’s investment advice measure
Senate Democrats ask DOL to back off ESG rule
The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote
DOL urged to extend comment period for fiduciary proposal
Consumer and investor advocacy groups have asked Labor to provide more time for public input
SEC rule resets regulatory landscape
Reg BI should serve as a ‘true north’ for state officials and other regulatory agencies that are working on their own standards
Will ESG be allowed in 401(k) plans?
Senior reporter Mark Schoeff Jr. joins senior columnists Jeff Benjamin and Bruce Kelly for the latest episode of the InvestmentNews Podcast.
DOL proposes new standard to replace vacated fiduciary rule
The agency says the measure will ensure financial advisers act in retirement savers’ best interests
DOL sides with plaintiffs in CalSavers lawsuit
In a letter to a U.S. appeals court, the Department of Labor again argues that the state-sponsored auto IRA is preempted by ERISA
DOL’s stance on ESG in 401(k)s could be difficult to undo
Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria
