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…