PSNC 2018: Selecting the Optimal QDIA
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative.
Tag: QDIA
TDFs Can Provide Retirement Income as Part of ‘Auto Retirement’
BlackRock Managing Director Anne Ackerley, in conversation with PLANSPONSOR, explains new opportunities to deliver retirement income solutions to plan participants, including through the QDIA.
Alight Solutions Introduces Customized Investment Product for DC Plans
In partnership with AllianceBernstein and Personal Capital, WealthSpark’s investment recommendations are based on up to 18 individualized data points cultivated through Personal Capital’s technology.
Charles Schwab Experts Debunk Passive TDF Myths
A TDF may invest its assets into index-based securities that do not make tactical adjustments as the markets change—but the act of managing even an index-based portfolio according to a glide path that ramps down equity risk over time will always be at least in part fundamentally “active.”
Propriety TDFs Continue to Dominate QDIA Market
Despite an ongoing plan sponsor investment unbundling trend, the majority of TDF providers continue to construct their TDF portfolios using proprietary funds as the underlying investments.
IRI Calls on Congress to Pass Mandatory 401(k) Legislation
A blueprint from the Insured Retirement Institute offers a guide for its dialogue with Congress and the Administration about improving Americans’ retirement outlook.
Morningstar Paper Lays Out Method to Determine the Best QDIA
“The world is moving toward big data, and thus far as an industry we haven’t been able to use big data in a meaningful way. We are now in the midst of a paradigm shift that will allow plan sponsors to make data-driven decisions in an entirely new way,” says Thomas Idzorek, with Morningstar Investment Management.
Stadion TDF Launch Offers Multiple Glide Paths
The solution offers three levels of risk within the same TDF family, leveraging exchange-traded funds wrapped within collective investment trusts to keep costs as low as possible.
Book Offers Comprehensive ERISA Compliance Insights
Readers of a new publication from Research and Markets are taken step by step through ERISA regulations to help ensure that their plans are properly structured, qualified and implemented.
How Hybrid QDIAs Could Be Beneficial to Participants
Whether structured as a hybrid QDIA or not, experts agree managed accounts can be complementary to TDFs in a DC plan’s investment menu.
PSNC 2017: The Many Benefits of Re-enrollment
Experts addressing the PLANSPONSOR National Conference urged attendees not to fear aggressive re-enrollments from a fiduciary or workload perspective.
Self-Dealing Suit Against Wells Fargo Dismissed
A U.S. District Court Judge agreed with Wells Fargo that allegations that the bank breached its fiduciary duty by continuing to invest in its own TDFs when better-performing funds were available at a lower cost are insufficient to plausibly allege a breach of fiduciary duty.
Managed Account Users Plan More Confidently
Research from Fidelity suggests personalized, goals-based advice pairs well with the use of managed accounts.
Active Fixed Income Could Be Useful in Rising Interest Rate Environment
PIMCO indicates an active fixed-income strategy could pose some opportunities in the current and future market.
Fidelity Expansion of Managed Account Offering Means More Access for Sponsors
Fidelity announced it will allow wider third-party access to Portfolio Advisory Service at Work, a managed account offering that delivers personalized investment management for retirement plan participants.
TDF Market Evolution Improves Product Choice
The majority of TDF providers continue to construct their TDF portfolios using proprietary funds as the underlying investments, Mercer finds, “despite reports of plan sponsor unbundling trends.”
Fidelity Expanding Managed Account Options
The firm has introduced an index-based managed account and a QDIA that uses both target-date funds and managed accounts.
Millennials Want Employer’s Help with Retirement Savings
DC participants under 30 are among the strongest proponents of TDFs, as well as auto-enrollment and auto-contribution escalation features, a new study finds.
Auto Enrollment Fueling TDF Dominance
A new study by Vanguard offers insight into TDF adoption trends
Plan Sponsors Must Carefully Look 'Under the Hood' of TDFs
With different underlying allocations and fee structures, it is up to plan sponsors and their supporting advisers and consultants to select the proper TDF approach for their participants’ unique preferences and needs.