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Custom Target Date Funds Gaining in DC Plans
Pensions & Investments
Jan. 15, 2015 "In an annual survey of DC plan executives, Callan found that 28.7% offered their record keeper's proprietary target-date fund series last year vs. 47.5% in 2013. In addition, Callan reported that the percentage of plans offering custom funds rose to 22.3% vs. 11.5% in 2013. Several factors influenced the decline in using record keepers' target-date fund series, ranging from performance issues to changes in the glidepaths[.]" MORE >> |
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