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Showing 1 - 9 of 9 results for "Employee Retirement Income Security Act"

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... which looks to curtail use of ESG by pension funds, particularly those governed under the Employee Retirement Income Security Act (ERISA). The bill was put forth by Congressman Rick Allen, who said the aim was to codify the idea that maximising investment ...

Trump signs order to open 401(k)s to private markets

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
... fiduciaries' duties in relation to alternative assets in 401(k) plans governed by the Employee Retirement Income Security Act of 1974 (ERISA) and other defined contribution offerings. It also directs the Securities and Exchange Commission to facilitate ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... General Sean Reyes are leading the suit, which alleges that the rules change violates the Employee Retirement Income Security Act of 1974 (ERISA) Administrative Procedure Act, and that the rule departs from policy put in place by the previous Trump administration ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... does not apply to public pension plans, because their governance falls outside of the Employee Retirement Income Security Act (ERISA). Some US states led by GOP politicians have rallied behind the anti-ESG/anti-woke capitalism movement by constraining ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... other for savers, innovation is encouraged. Without encumbering US regulations like the Employee Retirement Income Security Act (ERISA) that holds the executive leadership of 401(k) sponsoring companies personally liable for fiduciary compliance, super ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... law firms, alleges that the firm's 401(k) pension plan breached its duties under the Employee Retirement Income Security Act, such as its obligation to ensure expenses incurred are fair and reasonable. All the investments and asset allocations of ...

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... three months to June but year-to return date segments stand at -3.8%. Corporate ERISA [Employee Retirement Income Security Act] pension plans returned 10.55% at the median in June quarter. Median ERISA pension plan had 37% of its total assets in US fixed ...

US considers restricting ESG in pensions

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... for ethical and responsible investing limited. The DOL has proposed an amendment to the Employee Retirement Income Security Act 1974 (ERISA) "to confirm that ERISA requires plan fiduciaries to select investments and investment courses of action based ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
... stakeholders involved in pension funds and retirement products, groups it regulates under the Employee Retirement Income Security Act (ERISA). "The Department of Labor proposed a change to the definition of fiduciary under the Employee Retirement Income ...
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