Final Rule Limits 401(k)s from Picking Funds Based on Nonfinancial Factors

Published by Steve at November 3, 2020

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The Department of Labor (DOL) released a final rule requiring fiduciaries to select investments for 401(k) and other plans based on participants’ financial interests, rather than nonfinancial factors such as a fund’s environmental, social and governance (ESG) criteria.
Source: New feed 2

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Final Rule Limits 401(k)s from Picking Funds Based on Nonfinancial Factors

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