Excerpt: A joint hearing held by the Securities and Exchange Commission (SEC) and Department of Labor (DOL) in mid June explored what sorts of changes target date funds may need to undergo. Anne Lester, portfolio manager for J.P. Morgan SmartRetirement Funds, says that during the hearing, the DOL and SEC 'put their finger on what we think is the absolute most critical factor when talking about target date funds, which is what happens at the end' of the fund's glide path. That is, does the glide path go 'to' retirement or 'through' retirement?