Corporate Finance

A letter from the comptroller to major state-employee pensions provides a list of "energy boycotters," claiming firms including BlackRock, UBS, and Credit Suisse "should not ... benefit from assets invested for the future of Texans while simultaneously undermining our state's economic future."

The proposal would create a two-tier system—one for those who directly invest with a mutual fund, and another for those that invest through intermediaries, such as the typical retirement plan participant, say opponents.

This dollar amount equates to 6.6 billion lost hours of productivity over a two-year period of the pandemic, according to a new Integrated Benefits Institute report.

Forty-nine GOP senators, as well as Sen. Joe Manchin, plan to reintroduce a resolution attempting to block enforcement of the DOL's new ESG regulation for retirement plans, which took effect Monday.

No slowdown is expected in the coming months when it comes to employer-sponsored healthcare and retirement plans. Here are some of the big-ticket items.

Strategies for optimizing cash investments amid interest-rate uncertainty and fears of an impending recession.

The increase in interest rates seen in 2022 improved pensions' funded status and provided attractive yields for sponsors wanting to de-risk.

As employee health benefits consume an increasing portion of the compensation pie, employers can take these steps to keep costs in check without reducing programs' benefits.