D&I Efforts, ESG Investing and More Lawsuits Are Among 2021 DC Trends
Janus Henderson Investors reviewed study findings, recent legislation and litigation during a webinar.
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A recent Janus Henderson Investors webinar reviewed key defined contribution (DC) trends and developments in the retirement industry for 2021, pinpointing diversity and inclusion (D&I), retirement confidence and environmental, social and governance (ESG) investing as top highlights.
The webinar, hosted by Matthew Sommer, head of defined contribution and wealth advisor services at Janus Henderson Investors, noted that a 2020 survey of DC plan sponsors by Willis Towers Watson found close to two-thirds of respondents extended their organizations D&I efforts to their retirement plans. The study, “Moving the Needle on Defined Contribution Plans” offered four suggestions for plan sponsors to consider, including targeting specific cohorts; extending D&I to the committee composition; incorporating cult
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Throughout history, single young men have been cause for concern. In his book
Sex, Law, and Society in Late Imperial China (2000), Matthew Sommer documents how these men, known as “bare sticks,” preoccupied officials of the Qing dynasty, who saw them as potential criminals and rebels. Even before the COVID-19 pandemic, our own intellectuals had begun sounding the alarm about increasing rates of sexlessness among young men, particularly those who identify as “incels,” or involuntary celibates. Media commentary has often linked the incel subculture to other ills imagined to hang over our society, such as misogyny and white supremacy especially after the Toronto van attacks in April 2018, in which a self-described incel killed 10 people.