Are 401(k) plan fiduciaries ready for Bitcoin as a plan option?
The Bottom Line: For at least three reasons it seems unlikely that plan sponsors will offer Bitcoin in company sponsored 401(k) plans any time soon. Introduction and conclusion On April 26, 2022 Fidelity Investments announced the launch of Fidelity’s workplace Digital Assets Account (DAA), the industry’s first offering that will enable individuals to have a portion of […]
Legislation introduced to promote sustainable investing in retirement accounts
The Bottom Line: Clarifying US Senate and House legislation may not actually lead to the accelerated adoption of sustainable investment options in certain retirement plans. Clarifying US Senate and House legislation may not actually lead to the accelerated adoption of sustainable investment options in qualified employer-sponsored plans in the near-to-intermediate term To stimulate the […]
Challenges Remain but 401(k) Plans Make Some Progress in Adding Sustainable Fund Choices
Adding sustainable fund options can have positive impacts but various issues could continue to restrict uptake While not the first to deal with this subject, an article in the March 18, 2019 issue of InvestmentNews makes the case that even as demand for socially conscious investment products has never been greater “when it comes to […]
401(k) Plans and Sustainable Investing: Long-Term Companions
Bloomberg Signs Principles for Responsible Investment (PRI) Last week, Bloomberg L.P., a privately held global information and technology company, announced that the firm, in its capacity as a US corporate retirement plan sponsor, was becoming a signatory to the Principles for Responsible Investment (PRI). The PRI, which was conceived in 2005 and launched by the […]