The Pendulum Swings Again

The Department of Labor (DOL) recently issued Field Assistance Bulletin (FAB) 2018–01, which provides guidance to its national and regional o ces relating to how plan duciaries can take environmental, social, or governance (ESG) considerations into account when making plan investments. Perhaps, not surprisingly, the DOL’s current view on these issues is considerably narrower than those expressed by the prior Administration.… Read More