Target date funds
Watch breaking news videos and read news updates about Target Date Funds on pionline.com
DC East speakers tout importance of education, communication
trueSuccess in achieving defined contribution plan goals can rely as much on how plan executives and service providers communicate as to what investment options they offer, plan designs they prepare, and products and services they develop
Ibbotson: Assets in target-date funds rise 7.4% in quarter, 28% in 2013
trueTarget-date fund assets increased to $620.8 billion as of Dec. 31, up 7.4% from Sept. 30 and up 28% from a year earlier, according to a report released Monday by Ibbotson Associates, a unit of Morningstar.
Target-date funds clock another nice gain
trueTarget-date funds continued gaining popularity in the year ended Sept. 30, with assets invested in the option reaching $122.2 billion among DC plans in Pensions & Investments' ranking of the largest U.S. retirement plans.
Florida State Board moves to target-date funds for 401(a) plan
trueFlorida State Board of Administration plans to offer target-date funds for the first time in the Florida Retirement System's $8.5 billion 401(a) plan, while reducing the number of active investment options to bring in more multimanager approaches, effective July 1.
A call to action for improved target-date due diligence
trueThe February 2013 Department of Labor guidance on target-date fund screening and monitoring demonstrated an industry need for greater TDF transparency and more due diligence on the part of plan fiduciaries. Guidance explicitly called for a better understanding of overall portfolio construction and ...
Fidelity cuts fees on target-date funds
trueFidelity Investments is becoming aggressive in the low-cost battle against index fund giant Vanguard Group.
Morningstar upgrades Schwab target-date funds
trueMorningstar Inc. has upgraded its ratings on The Charles Schwab Corp.'s target-date funds to “neutral,” from “negative,” because of improved performance, new leadership and stability.
Presbyterian Church adds Fidelity target-date lineup
trueBoard of Pensions of the Presbyterian Church (USA), Philadelphia, will add a target-date fund lineup managed by Fidelity Investments to its 403(b) plan.
Fidelity boosts equity allocations in target-date strategies
trueFidelity Investments will boost equity target allocations in most of the portfolios in its Fidelity Freedom target-date fund strategies.
Asia beginning to look at target-date funds
trueTarget-date funds are becoming part of the conversation about getting Asia's risk-wary investors to shift defined contribution retirement savings from deposit-like instruments into higher-yielding stocks and bonds.
Near-term target-date funds clobbered by bond market
trueAllocations to fixed income provided little safe harbor for investors in near-dated target date funds, as bonds' poor performance in the second quarter clobbered the most conservative offerings.
Halliburton adds target-date funds to DC plan
trueHalliburton Co., Houston, added custom target-date funds for the first time to its Retirement and Savings Plan.
Careful attention needed when choosing target-date funds
trueThe U.S. Department of Labor's Employee Benefits Security Administration guidance on selecting and monitoring target-date funds in 401(k) and similar participant-directed individual account plans recommends plan executives consider a “custom or non-proprietary” target-date fund as a potential ...
T. Rowe Price creates risk-focused target-date series
trueT. Rowe Price Group announced on Wednesday it will launch a second suite of 11 target-date funds, which it will call the T. Rowe Price Target Retirement Funds.
American Century cuts Livestrong name from target-date funds
trueAmerican Century Investments will change the name of its Livestrong Portfolios target-date funds suite.