The worst things to argue about are politics and religion. That\u2019s why I avoid suggesting that plan sponsors add an ESG fund to their 401(k) lineup. I\u2019ve never been a big fan of these funds because each mutual fund company might have a different interpretation that an ESG company might be worth investing in.<\/p>\n
Most of all, I think plan sponsors should focus on investment options that can maximize return and I don\u2019t believe that an ESG fund is about maximizing return. I drive a Prius, I recycle, and I try to add more plants to my diet, but as a plan fiduciary, that has nothing to do with trying to put plan participants in a better financial position for retirement savings.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" The worst things to argue about are politics and religion. That\u2019s why I avoid suggesting that plan sponsors add an ESG fund to their 401(k) lineup. I\u2019ve never been a big fan of these funds because each mutual fund company … Continue reading