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Custom Target Date Funds Are Trillion-Dollar Fraud
Paladin Link to more items from this source
Aug. 14, 2014

"Despite their growing popularity, custom Target Date Funds (TDFs) are a big fat fraud, perpetrated to get consulting business.... The claim of 'matching demographics to their needs' is the fraud. The needs that are purported to be met are to replace pay and manage longevity risk. These simply can't be realistically achieved for a diverse group with wide ranges of salaries and savings. No glide path can meet these objectives."

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