DC Plans Slow to Adopt ESG Options

Greg Wait, Riverwater’s resident 401(k) expert, spoke with PLANSPONSOR and had some great suggestions how Defined Contribution or DC plans can respond to increasing demand by participants for ESG funds. PLANSPONSOR. Sept. 22, 2022. PLAN PARTICIPANTS CLAIM to want environmental, social and governance investment options in their defined contribution plan lineups. The Schroders 2022 U.S. Retirement Survey…

The Evolving Use of CIT Funds in 401(k) Plans

Originally posted in 401(k) Wire (subscription required) Aug. 22, 2022. By Greg Wait, CEBS. Advisors and consultants are fielding questions from plan sponsors about potential liability for excessive fees. For example, recently a plan sponsor’s CFO told us their fiduciary insurance carrier included a new questionnaire with their renewal application. It was titled “Fiduciary Liability…

Greg Wait featured in Benefits Magazine

Marketwatch. November 13, 2020 Even as the Trump administration actively discourages environmental, social and governance investing in employer-sponsored retirement plans — a rule the Biden administration may overturn — it’s not like investors had a lot of ESG choices to begin with. When Morningstar looked at lineups for defined-contribution plans like 401(k)s or 403(b)s , the research firm…