Planadviser Logo
Weekday news and analysis for retirement plan advisers
Wednesday, July 28, 2021
Exclusives | Awards | Research | Events
Investing
Scrutinizing TDFs and Considering Balanced Funds
Both options hold more than a trillion dollars in assets; weighing their relative merits remains an important task for advisers and their clients. TDFs had been around for about 13 years before the PPA, but they hadn’t gained much traction with plan sponsors. Their impressive growth post-PPA, however, has come at the expense of other types of QDIA accounts, including balanced funds.
News Feed Quick Links
Deals & People
Practice Management
Products
Client Service
Data & Research
Investing
Compliance
Remembering Senator Enzi's Work for Retirement Plans
He was instrumental in finalizing the provisions of the Pension Protection Act of 2006, and several items he pushed for made it into the SECURE Act.
Today’s Most Read
1. The Most ‘Outrageous’ ERISA Complaints Yet Filed?
2. The New Vesting Schedule Debate
3. What Mutual Fund Fee Disparities Mean for Retirement Savings
SEC Charges 27 Firms for Failing to File and Deliver Form CRS
All firms involved have agreed to settle the allegations that they missed regulatory deadlines for the customer relationship summaries.
Seeing the Bigger QDIA Picture
Are custom solutions worth the effort? Is passive more appropriate than active? It all depends on the adviser and the client.
The Art of Comparing TDF and Balanced Fund Performance
The outputs of a hypothetical model based on historical net asset values for balanced funds and target-date funds show just how complicated it can be to compare the relative merits of the two approaches to asset allocation. As it turns out, balanced funds, though less popular, might deserve another look.
DOL Promises Final Rule on Lifetime Income Illustrations As Soon As Practicable
The agency clears up timing questions in a FAQs document and says it realizes the concerns about timing if its final rule differs from its previously published interim final rule.
LIVE WEBINAR TODAY: The Future of Health Care
Join us this afternoon at 2:00 p.m. EST for the next edition of the 2021 Practice Progress webinar series. The topic is The Future of Health Care—and What It Means for Retirement Planning.
Market Mirror Market Mirror Graph

Tuesday, the Dow was down 85.79 points (0.24%) at 35,058.52, the Nasdaq fell 180.14 points (1.21%) to 14,660.58, and the S&P 500 decreased 20.84 points (0.47%) to 4,401.46. The Russell 2000 lost 25.09 points (1.13%) to finish at 2,191.83, and the Wilshire 5000 closed 295.39 points (0.64%) lower at 45,744.26.

The price of the 10-year Treasury note was increased 6/32, bringing its yield down to 1.238%. The price of the 30-year Treasury bond climbed 1 25/32, decreasing its yield to 1.890%.

Industry Intel Roundup
Featured Webcasts
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webcasts sponsored by experienced providers in the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
PLANADVISER Webinar: CITs and Other Investment Vehicles
Research from firms like BrightScope and Cerulli Associates shows key defined contribution plan decisionmakers, including advisers and consultants, continue to favor collective investment trusts, largely due to their relatively low-cost structure and pricing flexibility. Today, 401(k) plan assets in CITs have eclipsed the $2 trillion mark, and the growth is expected to accelerate as more investors catch on and the DC plan product set develops. CITs already dominate the large plan market, particularly within target-date funds, data show, but many CIT providers have recently lowered their investment minimums and, in certain cases, waived them altogether. Cerulli’s reporting finds that those with low or no investment minimums are more tenable investment options for smaller plans—and that advisers can help promote stronger adoption down market, where higher investment fees remain a pressing issue. Investment vehicles such as exchange-traded funds and separately managed accounts are also a point of focus, with advisers and their clients seeking new ways to put their hard-earned assets to work. This edition of the 2022 PLANADVISER Practice Progress webinar series will take the pulse of the rapidly evolving marketplace of DC plan investments, featuring timely analysis from leading experts who have long known and embraced these “emerging” investment options. If you are a DC plan adviser who wants to know more about how to invest efficiently via CITs, ETFs and other investment types, you can’t afford to miss the discussion!
PLANADVISER Webinar: Managed Accounts
Sponsored by Betterment According to a recent Deloitte report, “The Rewards and Risks of Managed Account Programs in the Wealth Management Industry,” assets in managed account programs have grown by 117% since 2012, and they now make up a substantial portion of assets under management and a majority of new asset flows for the wealth management industry. Related analyses show the role of managed accounts has grown substantially within the defined contribution retirement plan space. Experts say this growth reflects a long-term industry trend away from commission-based brokerage offerings toward fee-based advisory offerings. While there are hurdles to greater adoption, many believe managed account programs are poised for continued growth, especially as more firms have announced plans to make them a strategic priority. This edition of the 2022 PLANADVISER Practice Progress webinar series will delve into the most important questions about managed accounts, such as: • How are they built? • How are they marketed and delivered? • How can they impact firm operations and client outcomes? Don’t miss this important discussion designed to help you achieve practice progress!
PLANADVISER Webinar – Financial Wellness
Sponsored by Betterment This has been a tough year for U.S. retirement plan participants—and for workers in general. Heading into the year, core inflation was already running above 5%, and it has only spiked since. At the same time, geopolitical events have injected fresh uncertainty into what was already a frothy market, and most retirement investors have experienced substantial reductions in portfolio values. Investment managers say the markets will continue to grapple with the trade-offs between inflation and growth for the foreseeable future.
Did someone forward you this newsletter?
Sign up here to get PLANADVISER Dash directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850