The right allocation could boost returns over a person's career by as much as 34%, the consulting firm says.
Tag: asset allocation
Most Millennials are appropriately invested, with 90% of their portfolios in equities.
Panelists discussed recent trends with asset allocation vehicles, and how plan sponsors can help participants comprehend what it all means.
A mere 2.7% of Americans stopped contributing to their defined contribution plan in 2017, the ICI reports.
However, at year-end 2015, for example, the ICI says participants in their twenties had 80% of their portfolios invested in equities, while participants in their sixties had 55% in equities.
Amid strong market returns in Q1 2017, most participants left asset allocations in DC plans unchanged, according to a new report by the ICI.