Hidden Truths
Get expert insights on the economy, inflation, recession and investments from two investment professionals.
Hidden Truths
ESG Update 2022
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Hidden Truths
Learn HIDDEN TRUTHS behind Environmental, Social, and Corporate Governance.
Did you know that most states use a copy of the labor department’s rules for state-run pensions?
Josh Barone talks about:
1. ERISA (Employee Retirement Income Security act of 74) has defined the landscape for years.
2. DOL and ERISA have been seen as best practices.
3. The purposed rule that changes and puts some states at odds
4. The ESBA rule (at the white house in final review) that changes the purview of the word "fiduciary" allowing for ESG values as a primary precursor for investment
5. 3% of US 401ks and less than 1% of retirement assets have ESG investments currently.
Listen to the podcast to learn more!