"The Institute strongly supports the spirit and core of the Commission's Proposal that focuses on communicating key pieces of information about target date funds to investors and requires a prominent table, chart, or graph ('glide path illustration') to convey the idea of the changing asset allocation of the target date fund over the entire life of the fund, including at the target date and the point where the fund arrives at its final asset allocation. The Institute opposes, however, as unnecessary and potentially confusing to investors, a proposed requirement that a target date fund disclose, immediately adjacent to the first use of the fund's name, the fund's asset allocation at the target date ('tagline disclosure')."  MORE >>