Products March 23rd, 2023 Investment Product and Service Launches Investably announces business valuation service; BM Advisers launches smallcase BM Nifty Top 20; First Trust Dynamic Europe Equity Income Fund...
Compliance March 20th, 2023 Biden’s First Veto Keeps DOL’s ESG Rule in Place The president followed through on his promise to veto a Congressional attempt to nix a DOL rule allowing ESG investing...
Compliance March 16th, 2023 Anti-ESG States Continue Organizing Policy experts say that ESG policy is likely to be most active at the state level.
Data & Research March 15th, 2023 Shifting Adviser Preferences Transform Broker/Dealer Revenue Advisers gravitate toward ETFs, SMAs, ESGs and products emphasizing flexibility, sustainability and lower cost.
Data & Research March 13th, 2023 Within ESG, Companies Most Engaged with Environmental, Social Issues A recent report from ISS ESG indicated that environmental topics receiving the most attention related to water and biodiversity. The...
The Markets March 6th, 2023 As US Awaits Biden Veto to Keep ESG Rule, Advisers Shrug Much ink has been spilled over legislation to overturn a DOL rule that allows ESG investing in retirement plans. Plan...
Compliance March 6th, 2023 Gensler Says SEC Agnostic On Green Investing, Seeks Improved Disclosure The SEC chair told a room of institutional investors that the regulator is “merit neutral” on how investors use climate-related...
Compliance March 1st, 2023 Senate Joins House in Refuting DOL’s ESG Rule A resolution to nullify the DOL's rule permitting ESG investing in retirement plans will now go to President Joe Biden,...
Compliance February 28th, 2023 House Passes Resolution to Repeal DOL 401(k) ESG Rule The resolution catalyzes the debate over whether to allow ESG investing considerations in retirement savings plans, with the Senate next...
Deals & People February 28th, 2023 Biden To Nominate Su for Secretary of Labor Deputy Secretary of Labor Julie Su has been selected to replace the outgoing Marty Walsh, but Senate confirmation may bring...
In Practice February 26th, 2023 Survey: Financial Advisers Not Optimistic About Future of ESG Investing Political tensions around ESG, furthered this week with a presidential candidate running in part on anti-ESG sentiment, are turning off...
Compliance February 24th, 2023 Embattled DOL ESG Rule Receives Democratic Congressional Support A DOL rule permitting ESG considerations in retirement plan investing has been challenged by two separate lawsuits. House Democrats are...
Compliance February 23rd, 2023 Legal Complaint Says DOL’s ESG Rule “Jeopardizes” Retirement Savers A second lawsuit in less than a month has been brought challenging the legality of the DOL’s rule concerning ESG...
Data & Research February 23rd, 2023 CAPTRUST Survey Shows Nonprofits Ignore Benefits of Select Investments New research shows organizations often overlook alternative assets, ESG and DEI.
The Markets February 10th, 2023 Putnam Adds Sustainable Retirement TDFs Putnam brings its first ESG-focused target-date series to defined contribution plans, with plans for further choice, personalization.
Products January 31st, 2023 Morningstar, PAi Follow DOL Rule with ESG-Driven Pooled Employer Plan Third-party administrator PAi has teamed up with Morningstar to offer small and medium-sized businesses an employer retirement plan with an...
Compliance January 30th, 2023 Republican States Challenge DOL ESG Rule in Court A 2022 DOL rule clarifying that ESG strategy can be used in fiduciary decisions was challenged by 25 states in...
Compliance January 27th, 2023 States’ Suit Could Delay DOL Rule on ESG Investing Rule to permit ESG considerations is due to take effect on Monday, but a federal lawsuit aims to derail it.
Products January 27th, 2023 Investment Product and Service Launches Vanguard offers multi-sector income bond fund; Hub starts HR technology consulting practice; Vestmark launches six direct-index separately managed accounts; and...
Products December 29th, 2022 Investment Service and Product Launches Fintech Save starts ESG-focused savings program; ConsumerTrack now officially GoBankingRates; Bitget launches new crypto trading platform; and more.