The Social Conscience Of A Fiduciary Should Not Direct Its Investment Strategy

December 17, 2021 Siddhant Goyal

Date of Publication: Aug 17, 2020

Author: Ike Brannon

Summary:

A rule under consideration at the Department of Labor would restrict the ability of fiduciaries to pursue agendas that are not directly relevant to achieving higher returns. Given that even small declines in returns can substantially reduce retirement savings the rule is needed.

Link to Full Reading:

https://www.forbes.com/sites/ikebrannon/2020/08/17/the-social-conscience-of-a-fiduciary-should-not-direct-its-investment-strategy/