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Target Date Funds: The Next Generation, But Not a Silver Bullet
Francis Investment Counsel LLC Link to more items from this source
Jan. 29, 2016
"These target-date funds of the future would be structured with glide paths that include the purchase of annuity-like units, designed to hedge longevity risk.... Currently the marketplace is struggling with how to deliver such a solution in a format that is diversified, portable, and low-cost. As the industry evolves and the need for retirement income solutions clarifies further, we look forward to these 'next generation' target-date funds becoming regular components of well-designed investment menus."

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