Vanguard, BlackRock pause public meetings, in wake of new SEC rule on ESG investing

The Securities and Exchange Commission has placed more restrictive regulations on asset managers that may attempt to influence shareholders with a large equity stake in a company on ESG topics.

By Lynn Cavanaugh | February 25, 2025 at 08:30 AM

Vanguard and BlackRock are now facing more scrutiny over ESG investing, as both asset managers have reportedly cancelled public engagement meetings with companies, as they review the consequences of new Securities and Exchange Commission guidance. The new SEC reporting guidance, released earlier this month, redefines how investor activism is regulated.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
Educational webcasts, white papers, and ebooks from industry thought leaders
Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

NOT FOR REPRINT

1 From Pain to Performance: Cutting-Edge Strategies to Reduce MSK, Metabolic, and Mental Health Costs

2 JPMorgan fights back against new 401(k) lawsuit that alleges ‘devastating’ participant losses

3 Beyond Medical Benefits: Helping Employers Offer the Coverage Employees Actually Need

4 Judge tosses Wells Fargo's ERISA suit over drug benefit management

5 Costco now offers Ozempic, Wegovy through new weight loss program

Insurance
BenefitsPRO Broker Expo 2025 (BPRO)
May 06, 2025 - Boston

The premier educational and networking event for employee benefits brokers and agents.
More Information
GlobeSt. Multifamily Spring 2025
April 01, 2025 - New York

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information
GlobeSt. Net Lease Spring 2025
April 01, 2025 - New York

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.
More Information

Social Security Fairness Act will begin sending payments to 3M public workers in April

By Lynn Cavanaugh | March 27, 2025

Shortly after President Biden signed the new law in January, the SSA announced that payments to police and firefighters would be delayed, however, the agency has now been able to expedite payments by use of automation.

Social Security Fairness Act will begin sending payments to 3M public workers in April

New DOL Chief should ‘rescind or withdraw’ new fiduciary rule, says House Committee Chair

By Lynn Cavanaugh | March 26, 2025

Tim Walberg, Chairman of the House Committee on Education and Workforce, sent a letter to new Labor Secretary Lori Chavez-DeRemer urging her to kill the controversial new fiduciary rule, which has been beset with lawsuits.

New DOL Chief should ‘rescind or withdraw’ new fiduciary rule, says House Committee Chair

Lockheed Martin sued for using ‘underperforming’ funds with high fees in its 401(k) plan

By Lynn Cavanaugh | March 26, 2025

The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target date funds, according to the class action lawsuit filed by plan participants.

Lockheed Martin sued for using ‘underperforming’ funds with high fees in its 401(k) plan

7 Must-Haves That Employers (and Employees!) Want in Workplace Benefits in 2025 link

Guide

Sponsored by LifeSecure Insurance Company

7 Must-Haves That Employers (and Employees!) Want in Workplace Benefits in 2025

Employers are revamping their benefits strategies--but are they offering what employees truly want? Discover the seven key elements shaping workplace benefits in 2025 to help your clients enhance satisfaction, retention, and enrollment.

Browse More Resources ›

Guide

Sponsored by Nonstop Administration and Insurance Services, Inc.

Guide: Redefining the Role of the Broker

In 2025, you are uniquely positioned to make a real difference for your clients--both financially and in the wellness of their employees. Full of tips ranging from goal setting to relationship building, this is your guide to being a better partner this year, and beyond.

Browse More Resources ›

eBook

Sponsored by Nonstop Administration and Insurance Services, Inc.

Alternative Health Plans Explained

Explore alternative plan designs, including HSAs, HRAs, QSEHRAs, ICHRAs, and MERPs, in this brief e-book.

Browse More Resources ›

Instant Insights /

Vanguard, BlackRock pause public meetings, in wake of new SEC rule on ESG investing

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

1 From Pain to Performance: Cutting-Edge Strategies to Reduce MSK, Metabolic, and Mental Health Costs

2 JPMorgan fights back against new 401(k) lawsuit that alleges ‘devastating’ participant losses

3 Beyond Medical Benefits: Helping Employers Offer the Coverage Employees Actually Need

4 Judge tosses Wells Fargo's ERISA suit over drug benefit management

5 Costco now offers Ozempic, Wegovy through new weight loss program

Social Security Fairness Act will begin sending payments to 3M public workers in April

New DOL Chief should ‘rescind or withdraw’ new fiduciary rule, says House Committee Chair

Lockheed Martin sued for using ‘underperforming’ funds with high fees in its 401(k) plan

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

Instant Insights /

Vanguard, BlackRock pause public meetings, in wake of new SEC rule on ESG investing

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Trending Stories

1 From Pain to Performance: Cutting-Edge Strategies to Reduce MSK, Metabolic, and Mental Health Costs

2 JPMorgan fights back against new 401(k) lawsuit that alleges ‘devastating’ participant losses

3 Beyond Medical Benefits: Helping Employers Offer the Coverage Employees Actually Need

4 Judge tosses Wells Fargo's ERISA suit over drug benefit management

5 Costco now offers Ozempic, Wegovy through new weight loss program

Events

Recommended Stories

Social Security Fairness Act will begin sending payments to 3M public workers in April

New DOL Chief should ‘rescind or withdraw’ new fiduciary rule, says House Committee Chair

Lockheed Martin sued for using ‘underperforming’ funds with high fees in its 401(k) plan

Resource Center

BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!