Topic
Department of Labor
2 stories related to this topic, newest first.
wealthmanagement.comfinance28 days ago
Retirement Plans Face Limits on Private Market Access Under ERISA Rules
A commentary piece argues that employer-sponsored retirement accounts such as 403(b) plans restrict participants from investing in private equity, private credit, and infrastructure assets. The author cites litigation risk under ERISA and a proposed Department of Labor rule that…
Washington Examinerpolitics45 days ago
Unions Use ESG Investing to Advance Labor Goals
Union membership has fallen to 10 percent of the U.S. workforce overall and below 6 percent in the private sector. A new report describes how unions direct pension funds, which hold hundreds of billions of dollars, to support shareholder resolutions seeking to eliminate secret-ba…