DOL reports high support for allowing ESG investing in retirement plans
Posted On: Feb. 4, 2022 9:55 AM CSTThe Labor Department’s plan to reverse a Trump-era rule and allow retirement accounts to incorporate values-themed investing strategies enjoys overwhelming public support, according to a new study of the comments filed in response to the proposal, Barron’s reports. The Labor Department’s Employee Benefits Security Administration said that 97% of the commenters on the proposal support the move to strike the ESG restrictions for retirement plans.