Although the average retirement account balance rose in the fourth quarter of last year, balances ended the year down from a year earlier – losing nearly one-quarter of their value, according to a new Fidelity report.
"Businesses should consider establishing workplace-violence prevention plans to identify, assess, and intervene with current employees, former employees, and customers who may pose a risk of violence," according to a new report from the Secret Service.
The debate's likely to continue over whether 401(k) plan sponsors should consider environmental, social and governance factors when selecting investment options, but the rule creates new opportunities for advisors.
Earlier this year, the department told retirement plan sponsors they could face an "investigative program" if they allowed digital currencies in their workplace plans.
A resolution was adopted to restrict the use of sustainability factors in making investment decisions in the Florida Retirement System defined-benefit plan.