My previous article, Finding the target (date fund), introduced target date funds (TDFs)—also known as lifecycle or age-based funds—and provided background for why they are becoming an increasingly popular choice for capital accumulation plan (CAP) sponsors and their plan members. TDF usage by members will often be very high, and plan sponsors should ensure that […]
And why we need better disclosure.
There’s no question that designing, communicating and administering a DC pension plan is complex. So why was Keep it Simple the theme of this year’s DC Plan Summit? Because among other discouraging statistics, 36% of people surveyed in a recent Ipsos poll spend less than five minutes understanding the information in their statements, explained Anna […]