J.P. Morgan makes recommendations for plan design and TDFs based on savings and withdrawal behaviors it analyzed.
Tag: Target Date Fund
Setting defaults too low, choosing the wrong default investment and offering company stock as an investment option could result in unintended consequences, BlackRock found.
Twenty-two percent do not know how their assets are invested, Legg Mason found in a survey.
Sixty-four percent of participants in their 20s own a TDF.
In 2017, target-date funds (TDFs) represent 41% of CIT assets in 401(k) plans, Cerulli Associates finds.
The right allocation could boost returns over a person's career by as much as 34%, the consulting firm says.
Most retirement plan participants would like savings and investing guidance, a survey finds.
Most Millennials are appropriately invested, with 90% of their portfolios in equities.
HSAs need to offer equities, multi-asset classes and fixed income, Devenir says.
Franklin Templeton creates additional active funds; Hartford Funds presents ETF focused on fixed income; First Trust introduces actively managed ETF; and more.
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.