401(k) Fridays Podcast

Going Beyond the Numbers with Target Date Funds: The Importance of Exploring Process, Beliefs & Strategy

Informações:

Synopsis

No matter how you slice it target date funds continue to play a larger role each year in the conversation around workplace retirement plan outcomes.  However, some of the decisions that plan sponsors and fiduciaries make on their target date funds are not evolving as quickly as maybe they should.  When I discuss with employers how they selected their target date strategy often times I hear answers like, they had the best performance, they were inexpensive or they were the one our provider offered.  While these details and others are important in selecting a target date strategy that will match your employee demographics and needs, there is much more that can and should be explored.  To help inform that conversation and illustrate how two very successful target date strategies can take very different approaches I happy to welcome back Rich Weiss, the CIO for Multi-Asset Strategies at American Century and Jerome Clark, a Portfolio Manager in the Asset Allocation Group at T. Rowe Price.  As portfolio managers of