The decision is in: The Department of Labor’s (DOL) new “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” final rule affirms that retirement plan fiduciaries can prudently consider environmental, social, and governance (ESG) factors when serving the best interests of participants. Join this webinar for an explanation of the key changes as well as a summary of how the states and the industry are reacting to the regulation.
Specifically, you will learn:
- What it means to eliminate the “pecuniary” distinction so ESG and climate change factors that are relevant to an investment’s risk or return can be considered.
- How Qualified Default Investment Alternatives and exercising shareholder rights, such as proxy voting are impacted.
- How collateral benefits other than investment returns can now be used when a “tie-breaker” between investments is needed.
- How you can leverage tools to uphold fiduciary responsibility while incorporating ESG into your investment selection process.
Approved for Fi360 CE Credit. CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval.
Brought to you by
Sponsored by
John Faustino, AIFA®, PPC®
Head of Fiduciary Training & Technology
Broadridge
Blaine Aiken, AIFA®, CFA®, CFP®
Founder & Principal
Fiduciary Insights
Diana Britton - Host
Managing Editor
WealthManagement.com
