The investment management firm notes that nearly 40% of working households do not have access to a retirement plan.
Tag: Lifestyle funds
Target-date funds may not be a set-it-and-forget-it investment after all, according to a Financial Engines study.
Guardian Insurance and Annuity Company is partnering with Brinker Capital Destinations to deliver a new CIT-based qualified default investment alternative to retirement plan clients.
CUNA Mutual Retirement Solutions adds to stable value offerings for 457 and 403(b) plans; Index Fund Advisors “Investing for Catholics” division launches faith-based target-date fund.
A white paper discusses some of the ways plan sponsors can put alternative assets into a DC plan.
Plan sponsors need to understand the implications of how their plan’s TDFs may be affected by changing exposures to international stocks and bonds.
In the second quarter, target-date funds experienced $19.3 billion in positive inflows, while target-risk funds saw aggregate outflows of $2.9 billion.
The funds need broader asset allocation and open architecture, according to the investment firm.
The funds aim to provide returns in line with market indexes.
Even with the option to be more conservative or aggressive, most participants still stick to a moderate glide path.
The number of mega plans offering managed accounts has grown 13 percentage points in the last year.
Plan fiduciaries need a complete grasp of the vulnerabilities of their target-date strategies, and sources recommend tools and a documented process.
Legal & General Investment Management America, Inc. (LGIMA) announced that it has hired four executives to support its expanding liability-driven investing (LDI) business.
Charles Schwab Bank launched a new share class for the passive Schwab Indexed Retirement Trust Funds (SIRT Funds), featuring a 0.08% expense ratio and a $100 million minimum investment.
The average target-date fund (TDF) enjoyed nearly a 4% return for the second quarter of 2014, buoyed by U.S. large cap, emerging market and real estate equity holdings.
Retirement plan advisers can deliver significant value by helping sponsor clients address the shortcomings of prepackaged TDF solutions, says Tara Mashack-Behney of Conrad Siegel Investment Advisors.
John Hancock Retirement Plan Services added five new asset-allocation options to the JH Signature 401(k) Plan Platform.
In the two decades since target-date funds (TDFs) first entered plan investment menus, they’ve gained a reputation as a set-it-and-forget-it strategy that many experts oppose.
Financial services provider Morgan Stanley added discretionary capabilities to its defined contribution (DC) retirement plan advisory services.
Nearly three-quarters of 401(k) assets are held in 5,000 big retirement plans, possibly affecting how defined contribution (DC) plans make investments, a report says.