New Life for Socially Responsible Investing: New DOL Guidance May Help the Growth of SRI in Retirement Plans

On October 22, 2015, the Department of Labor (DOL) published Interpretive Bulletin 2015-01, overriding 2008 guidance that effectively prohibited the use of social, environmental, religious, or moral considerations in retirement plan investing. The Bulletin breathes new life into the possibility of “socially responsible” investing, with the caveat that the burden of fiduciary prudence is undiminished. Read full article…

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