Retirement plan sponsors frequently engage proxy advisory firms to provide advice (or to make decisions) as to whether and how to vote proxies for the plan’s underlying investments. On April 1, 2026, ...

Provisions of the proposal articulate general duties requiring fiduciaries to vote any proxy where the fiduciary prudently determines that the matter being voted upon would have an economic impact on ...

The Department of Labor issued a final regulation Friday that would limit retirement plans’ proxy voting to matters that affect their financial performance, a move that critics say could curb ...

On December 1, 2022, the U.S. Department of Labor (“DOL”) released its final rule regarding investment duties of fiduciaries under ERISA (referred to as the “ESG Rule”). The ESG Rule includes a ...

Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies’ equity plans and shareholder proposals for an ...

The Department of Labor (DOL) has announced a final rule establishing a regulatory framework for private employee benefit plans’ fiduciaries to follow when they exercise shareholder rights, including ...