Seeing the Bigger QDIA Picture
Scrutinizing TDFs and Considering Balanced Funds
Talking Digital Advice Trends With Morningstar and DFA
Despite Reservations, Sponsors’ Interest in Annuities is Growing
Advisers should be educated about annuities and how to analyze them to help plan sponsors decide the best products to use.
The Latest Word on ESG
Bank of America to Launch Managed Account Service for Retirement Plans
This is the first time it is pairing a managed account and retirement planning solution from its chief investment office.
Part Art, Part Science: Managed Account Due Diligence
A managed account program’s fees can be cut in half if it’s selected as a retirement plan’s default investment, although cost is just one of many important due diligence factors.
QDIAs Have Evolved. They Will Again After the Coronavirus.
Proactive Plan Sponsors Reap Benefits
Plan sponsors that fully automate their plans are more likely than others to believe their workers are on the path towards a financially secure retirement, J.P. Morgan found.
A Better DC Plan Core Investment Menu
Managed Accounts as the QDIA
Managed Account QDIA Mechanics Challenge Plan Sponsor Clients
Plan Sponsors Have Questions About Dynamic Default Investments
Retirement Income Options
Setting Defaults and Auto-Escalations Too Low May Undermine their Power
In addition, a person invested in a stable value fund versus someone invested in a target-date fund could end up with a balance as much as 59% lower, BlackRock says.
Another Survey Finds Saving for Retirement Is Employees’ Top Financial Concern
Monthly expenses are their second concern, The Standard found in a survey.
Americans’ Top Financial Concern is Retirement Savings
However, only 33% are confident about their retirement readiness.
Ups, Downs of Balanced Funds
GAO Says Changes in DOL Guidance on ESG Prevent Retirement Plans from Embracing It
In addition, data on ESG investing is also inconsistent, assessing ESG could increase plan costs, and many investors incorrectly perceive that ESG investing can lower returns.
BlackRock Calls for Expanding Access to Retirement Plans
One measure is to encourage MEPs by eliminating the “nexus” requirement.