Suggestions from the industry include eliminating the 180-day enforced waiting period triggered by a third failed ‘top off’ examination, involving community colleges in the licensing process and making remote services a permanent feature of FINRA’s testing approach, even after the COVID-19 pandemic ends.
Morningstar invests $11 million in iraLogix; Transamerica announces latest R6 share classes; and ESG Asset launches new capital health care disruptors fund.
Retirement plan experts say people in this market are in need of advisers who are attuned to and understand their needs.
Biden Expected to Advance a More Stringent Fiduciary Rule, Advocate for Retirement Income and ESG Investing
Industry experts reflect on what President Joe Biden has done in his first months in office with respect to retirement plans and what they still see coming down the road from his administration.
President Joe Biden seems to want to pave the way for more environmental, social and governance investing in retirement plans.
The legislation, which follows a year of back-and-forth on ESG investing, would amend ERISA to make it clear that plans may consider ESG factors in their investment decisions.
Interest in ESG investing continues to grow, but many investors want proof of its alpha.
We will discuss how asset managers are putting environmental, social and governance investing themes to work. Particular attention will be paid to the regulatory environment and the potential to pursue greater investment returns by seeking out companies with higher ESG ratings.
Sources say it’s partly due to the growing popularity of ESG investing, but there’s a lot more going on to fuel the trend, from increasing market complexity to the emergence of new regulations.
The ongoing implementation of Regulation Best Interest gets top billing in the SEC’s recently published 2021 examination priorities list, though recent evidence suggests the regulator’s focus on share class disclosures remains a chief concern.
MSCI to launch investment solutions with Microsoft, and Xtrackers by DWS launches ESG ETFs.
TIAA says a variable annuity and mutual funds that take an ESG approach are widely used on its retirement plan platforms.
More retirement plans could begin offering environmental, social and governance funds in their lineups.
The lawmakers say their proposals to require more disclosure of environmental, social and governance information build on the proven principle that sustainable investing and profitable investing are not mutually exclusive.
Experts say the president-elect could start the process of shoring up Social Security and embrace ESG investing.