Should ESG Funds Be In Retirement Plans?

Investors are pouring record amounts of money into mutual funds and exchange-traded funds that screen holdings based on environmental, social and governance (ESG) factors. Read also Study: As a population gets older, automation accelerates Yet, odds are most people won’t find an ESG fund option in their 401(k) retirement-savings plan. Just 2.6% of 401(k) plans had an ESG option in 2019, according to the latest data from the Plan Sponsor Council of America. Read also Canada’s third-largest pension fund beefs ups plan...