Target date funds (TDFs) may offer a viable investment solution for both plan sponsors and members, but a great part of their success lies in appropriately selecting the types of funds in respect to the needs of members and the characteristics of a plan, according to Michelle Loder, Canadian DC leader for Towers Watson.
BenefitsCanadaTV caught up with Loder hot on the heels of her target date funds master class at the Benefits & Pension Summit in Toronto.
Watch the video for some of her insights into the growth of target date funds in Canada and how they can be communicated for greater effectiveness.