Fund line-up. A critical component that plan sponsors grapple with to fulfill their fiduciary duties, and equally importantly their responsibility to their employees - in terms of providing the most appropriate investment funds in the plan to maximize the retirement income potential. This report published by Vanguard contains the best practices to determine a plan … Continue reading Can we apply any of these best practices to determine our approach to retirement planning?
Target Date Funds – adoption, impact, and oversight
With the increasing popularity of Target Date Funds in retirement plans - both from an offering perspective, as well as adoption by participants, it is no surprise that this asset class has a meaningful impact on the retirement landscape. The article and research paper by Vanguard provides a detailed look at the adoption statistics of … Continue reading Target Date Funds – adoption, impact, and oversight
Wide adoption of professional services to manage retirement accounts
Vanguard's report on how participants in DC plans are using professional services to manage their retirement accounts: How America Saves 2012. With the wide adoption of Target Date Funds (TDFs) in 401(k) retirement savings plans, i.e.: 82% plan sponsors offering TDFs, and 47% of the participants using them, chances are, as a participant in one … Continue reading Wide adoption of professional services to manage retirement accounts