Genworth Can Appeal Class Action Regarding BlackRock TDFs
The 4th Circuit Court of Appeals will consider Genworth’s argument against class certification previously granted by a district court.
Tag: TDFs
TDF Assets See Steady Climb Through July
Simfund data show target-date-fund assets, popular in retirement plans, boosted in part by passive investment inflows.
Benefits |
PSNC 2024: Essential QDIA Considerations
Plan sponsors may need additional time and processes to consider qualified default investment alternatives, as various TDFs, managed accounts and...
Benefits |
PSNC 2024: Will Most TDFs Include a Retirement Income Annuity in 10 Years?
Government support and the efforts of recordkeepers will be crucial to increase the use of annuities in target date funds.
Products |
Product & Service Launches
Nationwide, Morningstar team up on adviser-managed accounts; OneAmerica launches active TDF series of CITs; Cullen brings first income-generating ETF to...
Rise in TDF Popularity Causes Core Menus to Shrink
Because target-date funds represent a large and growing share of plan assets, plan sponsors are narrowing their core investment menus,...
California Federal Judge Upholds Plan Sponsor in TDF-Selection Case
The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...
Participants Lack Understanding of TDFs, Unsure About Withdrawal Needs
Employees surveyed by MFS Investment Management expressed confusion about the benefits of target-date funds and a lack of confidence about...
Plan Sponsors Seek Liquid, Portable Retirement Income Solutions
Most plan sponsors hope their retirement income solutions provide a paycheck-like experience to participants, T. Rowe Price research found.
More TDF Underperformance Lawsuits Emerge Across US
Among the latest major employers to be sued under ERISA for alleged underperformance of default investment options are Marsh &...
Microsoft Latest Target of Lawsuits Over TDF Suite
The lawsuit claims that chasing low fees is currently “in vogue” and that fiduciaries gave no consideration to the funds’...
Recent TDF Performance Lawsuits Raise Insurer Ire
One fiduciary insurance executive says a spate of new ERISA lawsuits ‘demonstrates that no fiduciary is safe, since one can...
Passive TDF Performance Scrutinized in Latest String of ERISA Lawsuits
A new complaint against Booz Allen Hamilton alleges that ‘a simple weighing of the merits and features of all other...
Real Asset Allocations in Target-Date Funds
Real asset allocations are important for select plan participants.
Growing Inclusion of Alts in DC Plans
Defined contribution retirement plans are incorporating alternative investments in custom target-date funds, and access to alternatives has increased thanks to...
PSNC 2022: The Evolving DC Plan Investment Menu
Customization and, more recently, inflation hedging are considerations for defined contribution plan investment lineups.
Are Millennials on Track for a Secure Retirement?
Many under age 40 understand the need to save for retirement but juggle competing financial needs; auto features are helping.
$3.5M Settlement Reached in Coca-Cola Consolidated ERISA Suit
The settlement also includes ‘meaningful non-monetary relief’ related to the ongoing management and administration of the company’s defined contribution plan.
Why Have Balanced Funds Been Given the Short Shrift?
Their performance only matches that of TDFs for a certain age cohort, but there are other circumstances for which they...
Retirement Plan Menus Shift With the Times
A new survey finds the continued growth of plan assets in target-date funds may be reducing the importance of the...