The Stock Watcher
Sign InSubscribe
Breaking News

Wespath Benefits and Investments Offers Diverse Plan Designs and Addresses Anti-ESG Narrative

 
Share this article

Wespath Benefits and Investments implements various plan designs and responds to anti-ESG arguments.

description: a photo of a diverse group of people sitting at a table, possibly in a meeting or conference, discussing retirement plans and investments. the group includes men and women of different ethnicities and ages, dressed in professional attire.

Wespath Benefits and Investments, an agency of the United Methodist Church, continues to offer diverse plan designs despite the paucity of workers taking advantage of in-plan guaranteed income options. While guaranteed income options are not very popular, Wespath Benefits and Investments still provides different plan designs to cater to the needs of its clients. The agency understands that different organizations have different requirements, and it is its mission to offer various choices to its clients. The agency's goal is to provide retirement solutions that help people live fulfilling lives.

Dave Zellner, chief investment officer of Wespath Benefits and Investments, directly addresses the recent anti-ESG (environmental, social, and governance) narrative. Zellner emphasizes that ESG investments provide a competitive advantage in terms of long-term returns. He notes that ESG investments are not only socially responsible but also financially sound. Zellner believes that ESG investments are more important now than ever before, as the world faces various environmental and social issues.

The sustainability nonprofit Ceres announced today that four new leaders, including three from the largest U.S. pension funds, have been elected to its board of directors. One of the new board members is Kirsty Jenkinson, who recently joined the California State Teachers' Retirement System (CalSTRS) as the director of corporate governance. Jenkinson is a recognized leader in the ESG space and has been instrumental in driving ESG initiatives at CalSTRS.

Wespath Benefits and Investments' board chose Andrew Hendren as CEO and general secretary to replace long-serving CEO Barbara Boigegrain. Hendren has been with Wespath Benefits and Investments for over 25 years and has served in various roles, including chief operating officer and chief financial officer. Hendren's appointment reflects the agency's commitment to continuity and stability.

The California State Teachers' Retirement System (CalSTRS), the second-largest US pension plan, has selected Kirsty Jenkinson as the director of corporate governance. In her new role, Jenkinson will be responsible for overseeing CalSTRS' corporate governance program and will work closely with the agency's investment team to integrate ESG considerations into the investment process. Jenkinson is a respected ESG expert and has been recognized for her contributions to the field.

Patricia Halper was named the deputy chief investment officer at Wespath Benefits and Investments, an agency of the United Methodist Church. Halper has been with the agency for over 20 years and has played a key role in developing and implementing investment strategies that align with the agency's mission and values. Halper's appointment reflects the agency's commitment to promoting from within and recognizing the contributions of its team members.

Executives took new approaches to solve lingering problems in workplace retirement plans, and won Excellence & Innovation Awards. The Excellence & Innovation Awards recognize organizations that have implemented innovative solutions to improve retirement plan outcomes. These solutions may include improving participant engagement, reducing plan costs, or increasing access to retirement savings options. The winners of the award demonstrate a commitment to providing retirement solutions that help people achieve financial security in their retirement years.

Overall, Wespath Benefits and Investments continues to provide diverse plan designs and address important issues, such as ESG considerations. The agency is committed to offering retirement solutions that align with its clients' values and help people achieve financial security in their retirement years. As the world faces various social and environmental challenges, it is more important than ever for organizations to invest in ESG strategies that provide long-term financial returns and contribute to a sustainable future.

Labels:
wespath benefits and investmentsplan designsguaranteed incomeanti-esgdave zellnercereskirsty jenkinsonandrew hendrenceocalstrscorporate governancepatricia halperexcellence & innovation awardsretirement solutionsfinancial securitysocial responsibilityesg investmentssustainability

May Interest You

Share this article
logo
3640 Concord Pike Wilmington, DE 19803
About
About TheStockWatcher
© 2024 - TheStockWatcher. All Rights Reserved