Target date fund

Seven in Ten Plan Sponsors Are Concerned about the Impact of Market Volatility on Those Near or in Retirement

Retrieved on: 
Tuesday, February 8, 2022
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More than two-thirds of defined contribution (DC) plan sponsors are concerned about the impact of market volatility on retirees (70%) and plan participants within 10 years of retirement (67%), according to MetLifes 2022 Stable Value Study.

Key Points: 
  • More than two-thirds of defined contribution (DC) plan sponsors are concerned about the impact of market volatility on retirees (70%) and plan participants within 10 years of retirement (67%), according to MetLifes 2022 Stable Value Study.
  • A large majority of DC plan sponsors (82%) offer stable value and nearly all DC plan sponsors (98%) say they are not planning to make any changes to their stable value offering.
  • By embracing solutions such as stable value in TDFs, plan sponsors can take steps to address their concerns about the impact of market volatility for retirees and near-retirees, says Schuster.
  • A total of 222 interviews were completed among plan sponsors who offer a 401(k), 457 or 403(b) plan.

Fidelity® Q3 2021 Retirement Analysis: Retirement Savers “Stay the Course” in Spite of Stock Market Swings and Ongoing Economic Uncertainty

Retrieved on: 
Thursday, November 11, 2021
Banking, Professional Services, Finance, IRA, Retirement, Gen, Fidelity Investments, Technology, Growth, Investment, Pew Research Center, Millennials, AUA, Fidelity, Generation Z, Target date fund, Time, Risk, Financial adviser, Bank, Financial services, Life insurance

Retirement savers continued to utilize workplace savings plans in Q3, as contributions to 401(k) and 403(b) plans reached record levels.

Key Points: 
  • Retirement savers continued to utilize workplace savings plans in Q3, as contributions to 401(k) and 403(b) plans reached record levels.
  • The average 401(k) contribution rate reached a record 9.4% this quarter, marking the fifth consecutive quarter the overall 401(k) contribution rate has increased.
  • 4 Based on Fidelity analysis of 10,300 Tax-exempt plans and 7.4 million plan participants as of September 30, 2021.
  • 6 Internal Fidelity data, customers 18-35 years old in 2020 and through Q3 of 2021.

PIMCO Collaborates with Morningstar Investment Management to Help Deliver Innovative Target Date Strategy Customized to Individual Retirement Needs

Retrieved on: 
Friday, October 29, 2021
Generally Accepted Recordkeeping Principles, Glide Path, Goal, Retirement, Instrument landing system glide path, Partnership, Private Securities Litigation Reform Act, Time, Income, PIMCO, Life cycle, Environment, Target date fund, News, Solution, Morningstar, Inc., Uncertainty, GLOBE, Fund, Financial adviser, Life insurance, Bank

myTDF aims to be a new default retirement solution for 401(k) plan participants," said Rene Martel, PIMCOs Head of Retirement.

Key Points: 
  • myTDF aims to be a new default retirement solution for 401(k) plan participants," said Rene Martel, PIMCOs Head of Retirement.
  • Weve effectively built the chassis that enables PIMCO to position more workers to pursue their retirement goals through the power of personalization, said Brock Johnson, president of Global Retirement and Workplace Solutions at Morningstar Investment Management.
  • The Morningstar name and trademarks are property of Morningstar, Inc. Morningstar Investment Management LLC is a registered investment adviser and a wholly owned subsidiary of Morningstar, Inc. On the basis of information provided to Pacific Investment Management Company LLC ("PIMCO") by Morningstar Investment Management, as of the most recent available month-end data available to PIMCO, neither Morningstar, Inc., nor Morningstar Investment Management is an affiliate of PIMCO.
  • PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Principal® Study: Top Retirement Savers Sock Away More During Pandemic

Retrieved on: 
Wednesday, September 29, 2021
Banking, Professional Services, Finance, Generation Z, Nature, Z, Gen, IRS, Income, Pressure, ESG, Target, Workforce, Multimedia, SIPC, Pension, PFG, Social, Bloomberg, Mount LeResche, Social Security, The, Communication, Life, Target date fund, Retirement, Solution, COVID-19, Uncertainty, Eye, Risk, TDF, ETF, Research, Broker-dealer, Habit, Investment, Inc., Nasdaq, Time, National Equity Fund, Inc., Silver, Travel, Bank, Financial adviser, Pension fund, Animal

One silver lining is that it seems to have honed the habits and focus of our top retirement savers, said Sri Reddy, senior vice president, Retirement and Income Solutions at Principal.

Key Points: 
  • One silver lining is that it seems to have honed the habits and focus of our top retirement savers, said Sri Reddy, senior vice president, Retirement and Income Solutions at Principal.
  • How did this group of savers improve their retirement outcomes through the pandemic?
  • Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 800-247-1737, member SIPC and/or independent broker/-dealers.
  • 1 Principal super savers put away 15% or more of their income or 90% or more of the IRS maximum.

T. Rowe Price Adds Retirement Blend Funds To Target Date Lineup

Retrieved on: 
Wednesday, July 28, 2021
Finance, Money, Investment management, Investment funds, Actuarial science, Target date fund, T. Rowe Price, Asset allocation

"We understand everyone's path to retirement is different and are pleased to deliver greater choice to the target date marketplace through the new Retirement Blend Funds," said Wyatt Lee, portfolio manager and head of Target Date Strategies, Multi-Asset.

Key Points: 
  • "We understand everyone's path to retirement is different and are pleased to deliver greater choice to the target date marketplace through the new Retirement Blend Funds," said Wyatt Lee, portfolio manager and head of Target Date Strategies, Multi-Asset.
  • The Retirement Blend Funds use the enhanced glide path and the same diversification and tactical asset allocation as T. Rowe Price's existing Retirement series of target date portfolios.
  • All of T. Rowe Price's target date portfolios, including the new Retirement Blend Funds, are managed by the same accomplished portfolio management team: Wyatt Lee, CFA, head of Target Date Strategies, and portfolio managers Kimberly DeDominicis and Andrew Jacobs van Merlen, CFA.
  • Like T. Rowe Price's other target date funds, the Retirement Blend Funds utilize a unitary fee structure, where an all-inclusive management fee rate is set at the top level.

T. Rowe Price To Lower Expenses Across Target Date Lineup And Expand Offering With New Blend Fund Series

Retrieved on: 
Monday, May 24, 2021
Finance, Investment, Money, Institutional investors, T. Rowe Price, Investment funds, Mutual fund, Target Corporation, Investment management, Target date fund

We're pleased to help our clients pursue their retirement outcomes by expanding our target date lineup further and offering it at an even greater value."

Key Points: 
  • We're pleased to help our clients pursue their retirement outcomes by expanding our target date lineup further and offering it at an even greater value."
  • T. Rowe Price filed prospectus supplements with the SEC today to lower fees on its existing target date portfolios.
  • This top-down fee structure has enabled the firm to lower target date mutual fund fees without making underlying fund or allocation changes.
  • Analyst Ratings for other share classes or other T. Rowe Price target date series may differ.

 Columbia Adaptive Retirement Series Celebrates Three-Year Milestone

Retrieved on: 
Tuesday, April 20, 2021
Professional services, Finance, Finance, Money, Investment management, Actuarial science, Investment, Asset allocation, Asset classes, Columbia Threadneedle Investments, Financial risk, Target date fund

b'Columbia Threadneedle Investments today announced that the Columbia Adaptive Retirement Series, a suite of nine risk-balanced target date funds, has reached its three-year anniversary.\nBuilt to adapt to changing market conditions, the Columbia Adaptive Retirement Series is a flexible and forward-looking retirement investment solution.

Key Points: 
  • b'Columbia Threadneedle Investments today announced that the Columbia Adaptive Retirement Series, a suite of nine risk-balanced target date funds, has reached its three-year anniversary.\nBuilt to adapt to changing market conditions, the Columbia Adaptive Retirement Series is a flexible and forward-looking retirement investment solution.
  • By applying a time-tested risk-allocation approach, the series targets a better balance of risk from across global asset classes based on an identified market state (neutral, bullish, highly bullish or capital preservation) as determined by Columbia Threadneedle\xe2\x80\x99s Global Asset Allocation Team.\nJosh Kutin, Columbia Threadneedle\xe2\x80\x99s Head of Asset Allocation, North America, and senior portfolio manager for the Columbia Adaptive Retirement Series, said: \xe2\x80\x9cTarget date series that diversify based on risk, not by asset class, take emotion out of the equation.
  • Our process seeks to help participants remain invested throughout a market cycle.\xe2\x80\x9d\nThe Columbia Adaptive Retirement Series invests in a broad array of global asset classes and risk sources including equities, fixed-income and inflation-hedging assets.
  • Follow us on Twitter .\nColumbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.\n1 As of December 31, 2020.

Leading Retirement Firms Launch "Income America" With In-Plan Target Date Series And A Lifetime Income Guarantee

Retrieved on: 
Wednesday, March 3, 2021
Finance, Money, Personal finance, Investment, Economy, Target date fund, Pensions

and Wilshire today announced the launch of a new in-plan target date series with guaranteed income* for life designed to help retirement plan participants transition from the accumulation phase of retirement investing to the decumulation stage.

Key Points: 
  • and Wilshire today announced the launch of a new in-plan target date series with guaranteed income* for life designed to help retirement plan participants transition from the accumulation phase of retirement investing to the decumulation stage.
  • We believe Income America provides an innovative approach to helping more people achieve a successful and comfortable retirement."
  • It is available as both a traditional series of target date portfolios, Income America, and as a companion series of target date portfolios with an in-plan Guaranteed Lifetime Withdrawal Benefit (GLWB), known as Income America 5ForLife.
  • American Century Investments provides underlying sub-asset class and target date glide path management as well as marketing support for Income America.

Annexus Retirement Solutions Shifts the Paradigm in Retirement Plan Industry with Announcement of Lifetime Income Builder

Retrieved on: 
Thursday, January 21, 2021
Target date fund

SCOTTSDALE, Ariz., Jan. 21, 2021 /PRNewswire/ -- Annexus Retirement Solutions , a leading retirement income product design company, today announced its new solution, Lifetime Income Builder .

Key Points: 
  • SCOTTSDALE, Ariz., Jan. 21, 2021 /PRNewswire/ -- Annexus Retirement Solutions , a leading retirement income product design company, today announced its new solution, Lifetime Income Builder .
  • Lifetime Income Builder is financially engineered to help participants maximize lifetime income without sacrificing growth opportunity or control.
  • Lifetime Income Builder is designed to help participants generate the most retirement income from their defined contribution plan and eliminate the risk of outliving their income by embedding a Guaranteed Lifetime Withdrawal Benefit directly into a Target Date Fund or Managed Account.
  • To assure seamless solution implementation, Lifetime Income Builder leverages Annexus Retirement Data Exchange, the company's proprietary data integration and distribution technology.

Nuveen Expands Retirement Product Suite with Addition of New Target Date Collective Investment Trust

Retrieved on: 
Monday, December 14, 2020
Nuveen, TIAA, Retirement plans in the United States, Investment fund, Teachers Insurance and Annuity Association of America, Target date fund, Finance, Trust law, Service companies, Economy of New York City, Companies listed on the New York Stock Exchange

NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Nuveen, the global investment manager of TIAA, has expanded its target date fund solutions offering with the addition of the Nuveen TIAA Lifecycle Index CIT series.

Key Points: 
  • NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Nuveen, the global investment manager of TIAA, has expanded its target date fund solutions offering with the addition of the Nuveen TIAA Lifecycle Index CIT series.
  • The new collective investment trust (CIT) series will further complement the firm's existing target date fund suite, which includes a robust offering of active, passive and blended strategies.
  • "At Nuveen, we are proactively looking for ways to meet the needs of plan sponsors and participants by enhancing our target date fund suite with new strategies and products," said Jeff Eng, managing director and head of retirement products at Nuveen.
  • The Nuveen / SEI Trust Company Investment Trust, of which the Nuveen TIAA Index Series are underlying collective investment funds (collectively the "Funds"), is a trust for the collective investment of assets of participating tax qualified pension and profit sharing plans and related trusts, and governmental plans as more fully described in the Declaration of Trust.