Labor Department Approves ESG Funds for 401(k) Plans

In what could be a major boon for the long-term growth of environmental, social, and governance (ESG) funds, the Department of Labor announced on Tuesday that it will allow the use of ESG funds in 401(k) plans, reversing the prior administration’s opposite policy. While exchange traded funds are making gradual inroads in the 401(k) space, [...] The post Labor Department Approves ESG Funds for 401(k) Plans appeared first on ETF Trends .