The equity risk in target-date funds has been increasing substantially over the last decade, creating a ‘silent risk shift,’ according to Jafer Naqvi, managing director and head of client portfolio management at TD Asset Management Inc., speaking during a session at Benefits Canada’s 2026 Defined Contribution Plan Summit. At the same time, the underlying stock indices […]
Since 2008, when the U.S. enacted legislation allowing target-date funds as the default, total assets in these funds have grown from around US$150 billion to $3 trillion, according to Glenn Dial, vice-president of retirement thought leadership and research at American Century Investments, during a session sponsored by CIBC Asset Management Inc. at Benefits Canada’s 2025 […]