The $16 billion Ford Foundation will divest from fossil fuels and steer assets to additional climate-friendly investments.
Canada Pension Plan Investment Board has teamed up with Conservation International to invest in nature-based solutions.
The DOL’s proposed rule would explicitly permit retirement plan fiduciaries to consider climate change and other ESG factors.
The White House released a report to account for and mitigate climate change-related financial and economic risks.
The agency could allow plan fiduciaries to consider climate change and other ESG factors for selecting investments and exercising shareholder rights.
Lisa Gomez, nominated to be assistant secretary of labor for EBSA, faced Senate lawmakers at her confirmation hearing.
Major asset managers are concerned about a proposal that would change the way ETF in-kind transactions are taxed.
A proposal from regulators would allow groups of defined contribution plans to file a single Form 5500 annual return.
Democratic Sens. Sherrod Brown and Ron Wyden introduced a bill to implement a 2% tax on stock buybacks.
Stakeholders have taken issue with a PBGC interim final rule on special financial assistance for struggling multiemployer pension funds.
An exchange launched last year by a group of Wall Street firms would like the SEC to allow certain stocks to be priced at half-cent increments.
Almost 40% of 401(k) participants do not fully understand the fees they are paying, a GAO report found.
New LIBOR-based contracts will cease at the end of the year, but questions remain about which replacement rate is best.
The Employee Benefits Security Administration has been leaderless for months, but Lisa Gomez's nomination to head the agency augurs change.
A bill aimed at addressing the retirement gap and bolstering women's financial security was reintroduced Thursday in the Senate and House.
Leaders of a House committee’s Racial Equity Initiative would like retirement measures included in the infrastructure package negotiations.
The GAO recommended the Federal Retirement Thrift Investment Board evaluate investment offerings with an eye on climate-related risks.
The White House and a bipartisan group of senators struck a deal on a $559 billion framework aimed at fixing the nation’s infrastructure.
The SEC delayed a decision for the second time on whether to approve the first bitcoin exchange-traded fund in the U.S.
The Labor Department under the Biden administration is looking to make its own stamp on the fiduciary debate, much like its predecessors.