ESG stands for “environmental, social and corporate governance”. In very broad strokes, ESG consists of criteria used to measure a company’s socially responsible behavior. Although the contours of ESG are still vague, there...more
A “managed account” is a discretionary portfolio management service that makes investment decisions for individual participants within the confines of a 401(k) plan and its fund options. This service is fundamentally...more
6/3/2022
/ 401k ,
Benefit Plan Sponsors ,
Employee Retirement Income Security Act (ERISA) ,
Fees ,
Portfolio Managers ,
Recordkeeping Requirements ,
Retirement Plan ,
Retirement Plan Providers ,
Revenue Sharing ,
Robo-Advisors ,
Technology
On June 25, 2014, the Supreme Court, in a unanimous decision, ruled in Fifth Third Bancorp v. Dudenhoeffer that there is no “presumption” of prudence extended to fiduciaries of employer stock ownership plans (“ESOPs”) in...more