| | Benefits & Administration | | Managed Accounts More Appealing for 401(k)s | | Target-date funds have, of course, been a boon
to defined contribution plans, providing participants with assurance that
someone more knowledgeable will monitor their holdings, periodically
reweighting the stock-to-bond ratio as their retirement nears. Where the funds
fall short, though, is that an investment strategy based on age alone, while
better than no strategy, can’t produce the results of a customized one, says
Steve Dorval, managing director of retirement and investment strategy at John
Hancock Retirement. Technological advances in data collection and engagement
make managed accounts more viable as the default strategy for 401(k)s, experts
say.Read more > | | Market volatility has made investors skittish,
according to the 2015 Market Perceptions Study from Allianz Life Insurance
Company of North America. Just over one-third, 34%, say they believe the market
is “too volatile and too risky” for their investment style. Eighty-one percent
would prefer a product with a guaranteed 4% return.Read more > |
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