Most retirement plans still have traditional, first-generation target-date solutions that use single managers, traditional stock and bond asset classes, and allocations that tend to be static. But fiduciary standards—and the investment environment—have changed. In fact, the Department of Labor’s 2013 “Tips for ERISA Plan Fiduciaries,” noted that fiduciaries should “inquire about whether a custom or nonproprietary target-date fund would be a better fit for your plan.” Get More in Context Time For Target-Date 2.0 Risky Business: Single-Manager Target-Date Funds
Traditional target-date funds are falling short when it comes to tackling the four key risks to retirement savings—growth, inflation, market and longevity. And all four of those risks seem likely to increase over the next decade. Our research shows how a broader range of strategies encompassing equities, fixed income, and inflation and market risk diversifiers may produce better overall outcomes versus a traditional target-date fund 80% of the time. Get More in Context Gaining Greater Lift in Your Glide Path Tempering Turbulence Along the Glide Path Diversify and Conquer: Enhancing Equities in Your Glide Path
We provide DC plan sponsors and participants with a framework that analyzes key risks, evaluates the role of traditional and non-traditional diversifiers in combatting them, and builds an enhanced glide-path solution we believe will improve retirement outcomes.