Ron Pierce Pens Article on DOL’s Final ESG Investment Regulations
Publication
1.27.23
In a bylined article published in Employee Benefit Plan Review, Ron Pierce provides a detailed description of the Department of Labor’s final ESG investment regulations. He explains that the confusion caused by this new regulation "could result in participants’ 401(k) plan accounts underperforming other reasonably available investments with the same risk profile, which likely would result in lawsuits against fiduciaries for breach of the duties of prudence and loyalty." He proceeds to outline the practical application of the 2022 rules.
To read the article visit Employee Benefit Plan Review.
