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Showing 1 - 4 of 4 results for "Employee Retirement Income Security Act"

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... General Sean Reyes are leading the suit, which alleges that the rules change violates the Employee Retirement Income Security Act of 1974 (ERISA) Administrative Procedure Act, and that the rule departs from policy put in place by the previous Trump administration ...

US states sue Biden administration over "woke" ESG rules

RACHEL ALEMBAKIS  |  TUESDAY, 31 JAN 2023  |  NEWS
... General Sean Reyes are leading the suit, which alleges that the rules change violates the Employee Retirement Income Security Act of 1974 (ERISA) Administrative Procedure Act, and that the rule departs from policy put in place by the previous Trump administration ...

US Dept of Labor green-lights ESG integration

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
... does not apply to public pension plans, because their governance falls outside of the Employee Retirement Income Security Act (ERISA). Some US states led by GOP politicians have rallied behind the anti-ESG/anti-woke capitalism movement by constraining ...

US pension suit points to potential fiduciary risks: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2015  |  NEWS
... alleges that Plan fiduciaries breached their duties of prudence and loyalty under the Employee Retirement Income Security Act (ERISA), by allowing the Plan to continue to invest in the sponsoring coal company's stock when it was imprudent to do so. While ...
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