/PRNewswire/ BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence for its eighth.
/PRNewswire/ BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence for its eighth.
BancorpSouth Recognized By National Campaign Promoting Savings
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TUPELO, Miss., April 29, 2021 /PRNewswire/ BancorpSouth Bank (NYSE: BXS) received the 2021 America Saves Designation of Savings Excellence for its seventh consecutive year of promoting better savings plans for customers.
The annual award recognizes financial institutions that go above and beyond to encourage people to save money. BancorpSouth and 11 other financial institutions are being recognized for their efforts to encourage individuals to open accounts and begin building wealth. This past year has been financially difficult for many people across the country, said BancorpSouth Chairman and CEO Dan Rollins. We re so proud, now more than ever, to be a part of providing education and resources to our communities about the importance of saving.
DOL working on additional ESG, lifetime income guidance, rules
Bloomberg
More guidance and rule-making initiatives from the Department of Labor s Employee Benefits Security Administration are expected this year on a host of issues, including lifetime income, environmental, social and governance investing and fiduciary investment advice.
Ali Khawar, acting assistant secretary for EBSA, provided an overview of the work taking place under the new administration during a webinar Thursday hosted by American Savings Education Council the Employee Benefit Research Institute s non-profit foundation.
In March, the Labor Department said it would not enforce two rules one called Financial Factors in Selecting Plan Investments, which stipulates that ERISA plan fiduciaries cannot invest in non-pecuniary vehicles that sacrifice investment returns or take on additional risk; and the other, Fiduciary Duties Regarding Proxy Voting and Shareholder Rights, which outlines the process a fid