Trump Order Could Mean Scrutiny For ESG Funds
An executive order aimed at the energy industry and signed by President Donald Trump could have consequences for environmental, social and governance funds, according to a report by CNBC. The Department of Labor has been directed to analyze energy investment trends and any fiduciary responsibilities tied to proxy voting, which could mean ESG funds in retirement plans will be scrutinized.
"Guidance released by the Department of Labor last year called for all funds, regardless of their strategy, to be evaluated equally by performance when deciding whether or not to include them in retirement plans," according to the report. That was a departure from the Obama era, in which ESG funds were "mostly encouraged" to be included in retirement plans.
A recent survey cited by the report found that the availability of socially conscious investments could help drive retirement savings. More than six out of every 10 workers would increase their retirement savings if socially conscious investments were available to them, according to the asset management company Natixis Investment Managers. But a little more than one in 10 workers surveyed actually had access to those types of investments.
Given the apparent demand for ESG investment opportunities in retirement plans, why would plans consider leaving them out? “Companies that have shied away from offering ESG investments in retirement plans have done so largely for two reasons,” according to the report, “regulatory concerns and the fear that they could be perceived as imposing moral beliefs on their workers.”
https://www.wealthmanagement.com/retirement-planning/trump-order-could-mean-scrutiny-esg-funds To Find More Information, Go To https://is.gd/saubiodigital And Look Up Any Topic
Right now our hottest product is - a revolutionary article rewriting software. It's amazingly popular with Internet Marketers, and some content marketers.
This means, you take one article, and you use the article distribution system. It will generate thousands of unique versions of your article, and publish those unique articles to hundreds of websites that are related to your niche.
Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.
So browse through a category and make your preferred selection and come back here to read more choice articles and get a few more helpful tips on ways to help your enhancement.
Detoxing Reviews
Best Body Detoxification Guides & reviews
Colon Cleanse Reviews
Best Colon Cleanse Guides & Reviews
Weight Loss Ebook Reviews
Weight loss products really work! Click here
Dating and Romance Ebook Reviews