Franklin Templeton creates additional active funds; Hartford Funds presents ETF focused on fixed income; First Trust introduces actively managed ETF; and more.
Tag: Target Date Fund
Bing Waldert, a managing director with Cerulli Associates, says, "converting the 401(k) plan to an income platform is a step in taking DB [defined benefit] market experience and applying it to the 401(k) market.”
In light of the market volatility, they fled from equities
Employer contributions and loans are also prevalent, a Brightscope/ICI report says.
The TDF series also takes a liability-driven investing approach to providing adequate retirement income.