Your 401(k) could shrink due to climate risks. A lawsuit argues that your employer has a duty to protect it
Climate change comes with serious financial risks, and those risks could affect your retirement account. Is it up to your employer, then, to protect your 401(k) from those concerns? That’s the question posed by a first-of-its-kind lawsuit, filed today in the U.S. District Court Western District of Washington. A former employee of Cushman & Wakefield has filed a lawsuit alleging that the real estate company breached its duties under the Employee Retirement Income Security Act (ERISA) by...
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