Compliance
Investing
Products
Lawsuit Alleges Choice of Target-Risk Funds Caused Losses to Participants
Milliman has been accused of failing to remove poorly performing investments, subadvised by its affiliate, from its 401(k) plan.
When Target-Risk Makes More Sense Than Target-Date
The reason why target-risk funds gave way to target-date funds is the perceived simplicity of just using one’s retirement date to set the portfolio's investment risk tolerance—but this approach doesn’t work optimally for all participants.
Investment Product and Service Launches
American Beacon Advisors creates mutual fund with multi-asset program and Vanguard closes million-dollar securities fund to new clients.