401(k) Participant Trading in May Was a Repeat of April
May was a light trading month with most inflows going to fixed income funds.
Investors say they understand that global economic growth may be lower in coming years, but they have trouble applying this idea to their own retirement outlook.
The quarter that ended in March was one of the most vigorous trading periods on record for 401(k) account holders, according to Aon Hewitt.
The retirement plan industry is approaching the 10-year anniversary of the Pension Protection Act, a law that has clearly impacted participant investing knowledge and behavior.