"[I]t is not surprising that today's defined contribution (DC) investment menus typically include numerous equity choices but only a few fixed income offerings. This may no longer be prudent. The shift from defined benefit (DB) plans to DC plans as the primary workplace retirement offering has left individuals with more responsibility not only for saving for retirement, but also for transforming their savings into a sustainable stream of income once they stop working. Today's equity-heavy investment menus may not be up to this task."  MORE >>