Compliance May 22nd, 2023 EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence EBRI reports sharply decreased retirement confidence, driven primarily by inflation.
Data & Research May 17th, 2023 Advisers, Participants Skeptical of ESG Investments, but Asset Managers Are Not Greenwashing by investment funds has contributed to negative rhetoric about ESG, but the practice remains a top initiative for U.S....
Compliance May 12th, 2023 Asst. Labor Secretary Gomez Says DOL Studying SECURE 2.0 Implementations The EBSA head also discussed the need to educate market participants on the DOL's ESG rule and changes to COVID-19...
Deals & People April 6th, 2023 Investment Product Launches Xtrackers by DWS announces a new ETF; Principal launches hybrid QDIA; Penn Mutual introduces Protection Whole Life; and more.
April 4th, 2023 DOL Takes On Lawsuit Challenging Its ESG Rule The Department of Labor argued the ESG rule merely permits ESG considerations and is consistent with ERISA.
Deals & People March 31st, 2023 Retirement Industry People Moves Lockton appoints Bolander as SVP of regional operations; Sullo joins Earth Finance climate investing practice; Dechert announces McGrath as partner;...
The Markets March 28th, 2023 TDF Assets Fell 14% in ‘22, but Inflows Stayed Strong While market depreciation drove TDFs off a record '21, inflows stayed strong, according to Morningstar.
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...