Those in target-date funds are younger, make less money, and have smaller account balances than those not choosing the options.
Tag: Lifecyle funds
Northern Trust has expanded its lineup of target-date investment solutions with a series of multi-manager funds for ERISA-qualified defined contribution retirement plans.
Less than a year after their launch, Allstate has pulled the plug on its Allstate ClearTarget funds.
Morningstar, Inc. has launched a family of asset allocation indexes, designed to benchmark target-date and target-risk investment products.
DailyAccess Corporation has added Old Mutual Asset Management's Target Plus Portfolios to its product platform.
Ibbotson Associates is now offering its custom target maturity portfolio construction service to financial institutions serving defined contribution plans of all sizes.
With recent market volatility, a concern that some participants are too aggressively invested in equities has been added to the ongoing concern that some participants are invested too conservatively.
The defined-contribution (DC) plan consulting business is changing to adjust to new plan trends by, among other things, offering custom target-date funds and adding inflation-protection investment vehicles to fund offerings.
401(k) Advisors has enhanced its Scorecard System to measure the performance of asset allocation portfolios, known as lifestyle and lifecycle, or target date, funds.