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Consolidate retirement accounts to boost savings | EBA

Considering New Uses for SDBAs


Considering New Uses for SDBAs
Self-directed brokerage accounts could be the answer for meeting participants’ ESG investing desires and maybe guaranteed lifetime income needs.
Reported by
Art by Allie Sullberg
Retirement plan participants are demanding environmental, social and governance (ESG) investment opportunities, and, recently, the Federal Thrift Savings Plan (TSP) announced it will make ESG funds available in a new mutual fund brokerage window for the plan.
In addition, some investment consultants say private equity can improve participants’ outcomes, and there is a clear need for guaranteed retirement income options for participants. However, no clear regulatory guidance on how to include ESG factors in investment selection for retirement plans has been given; the Department of Labor (DOL) has sanctioned the use of private equity only in asset allocation funds, such as target-date funds (TDFs), for defined contribution (DC) plans. And despite pro ....

Martin Schmidt , Robyn Credico , Gregory Kasten , Institutional Retirement Income Council , Setting Every Community Up For Retirement Enhancement , Department Of Labor , Federal Thrift Savings Plan , Retirement Enhancement , Willis Towers Watson , Unified Trust , மார்டின் ஶ்மிட் , கிரெகொரி காஸ்டன் , நிறுவன ஓய்வு வருமானம் சபை , அமைப்பு ஒவ்வொன்றும் சமூக மேலே க்கு ஓய்வு விரிவாக்கம் , துறை ஆஃப் தொழிலாளர் , கூட்டாட்சியின் சிக்கனம் சேமிப்பு திட்டம் , ஓய்வு விரிவாக்கம் , வில்லிஸ் கோபுரங்கள் வாட்சன் , ஒருங்கிணைந்த நம்பிக்கை ,