Earlier this year, the U.S.
From next year, it will allow investors to have access to a mutual fund platform so they can tailor their investments to their own desires by selecting from 5,000 mutual funds.
Under the Employee Retirement Income Security Act of 1974, private pension plan fiduciaries must invest exclusively for the benefit of participants and retirees.
From rising global temperatures to more intense and frequent natural disasters, the effects of climate change are already evident, according to the UN’s recent review of the research.
Just in the last year and a half, “we’ve seen floods, fires, drought, and more.
She cited a report from U.K.-based Make My Money Matter, an organization pushing for responsible pension investments, that claimed that “greening” a pension is 21 times more effective at reducing one’s carbon footprint than becoming a vegetarian, giving up airline flights, and switching energy providers combined.
“It’s apparent that the Biden administration is reviewing and will likely reissue regulations that limited ESG investments in the U.S.
Despite the growing call for ESG investments, especially from younger Americans, changing course is difficult because so much is unknown about the long-term performance of such holdings.
Her general outlook on retirement isn’t rosy.
“People are just going to have to work longer, if they possibly can.