“Do we have any socially responsible funds within the plan?” The question usually comes to us from the human resources department of a client--someone responsible for providing participants with information about their retirement plan program. An employee posed the question to them and they don’t know how to respond. We are seeing the question more frequently from our clients. While it is easy for us to answer with a simple “yes” or “no," there is a more nuanced discussion that lies beneath that answer.
Given that the question is getting asked more often, we thought it would be helpful to provide a background on socially responsible investments by explaining what they are and what issues plan sponsors should consider. For more information on socially responsible investments, click the button below or click here to access our recent white paper on the topic.
