The big news to start the week is the Securities and Exchange Commission’s ambitious proposal to require public companies to disclose risks related to climate change.
Reuters reports it could include risks like more wildfires, but also government policies aimed at mitigating climate change, such as carbon taxes or other new regulations. We’ll keep you posted as to what happens from here.
Managing editor Brian Anderson highlights Morningstar’s new “Retirement Plan Landscape Report” which finds, among other trends, that large plans are in fact shifting from mutual funds to CITs due to cost and regulatory factors.
Finally, New Jersey is about to become the latest state to require employers to offer their own retirement plan or provide access to a state-sponsored IRA program, joining eight others. Small employers with fewer than 25 employees may elect to participate in the program but are not required to do so.
These stories and more can be found at 401kspecialistmag.com, but for now, make it a great week.
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.
