Happy Friday, readers! The convergence of health and wealth remains an important employee benefit trend in 2020, and plan sponsors are seeking advisers with expertise on such topics as health savings accounts, the savings hierarchy and long-term care. Collected below is a series of articles on these timely topics. We hope you will share some of what you read with a client or colleague.

A new lawsuit suggests the individual advisory program TIAA clients were rolled into was significantly more expensive and generated hundreds of millions of dollars in fees for TIAA—without providing commensurate performance benefits.

Agency leaders say the principal idea of the new proposal is that climate change and other ESG factors can be financially material and, when they are, considering them will inevitably lead to better long-term risk-adjusted returns.

The important federal benefit increases when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index for Urban Wage Earners and Clerical Workers, or the ‘CPI-W.’

Impax appoints Ed Farrington as head of distribution for North America; Prudential forms new Prudential Retirement Strategies business; Northern Trust appoints Gary Paulin as head of global strategic solutions; and more.

Individual and institutional investors were feeling better about market risks before getting a Delta-driven reality check.