Multi Asset

It is critical for plan fiduciaries to understand the differences in target date design in order to select the fund that best matches the needs and characteristics of their plan and its participants.

We believe the risk of a technical default remains extremely low, but the consequences would be swift and painful, likely compelling elected officials to find common ground for a resolution.

Retirement readiness is a major challenge for many plan participants. For plan sponsors, plan design is no longer about simply focusing only on helping participants build their savings. Providing participant income solutions in the decumulation stage is now equally important, especially because new research shows that many workers need help in this area.

Another regional bank falls, but the markets are seeing the forest from the trees as challenges appear contained.

An unexpected shock in the banking sector has stress-tested the economy and policymakers. Both initially passed. But the impact on lending and credit conditions remains unclear and increases the likelihood of a mistake by the Fed going forward.

Moving away from an abnormal regime of crisis-era stimulus won’t be a smooth process. But the volatility should be easier to stomach knowing that the destination is likely to be a healthier, more balanced economy.

Passive investing has become popular with defined contribution plans due to its low costs and ease of use.

Banks and borrowers must now deal with tighter credit conditions, bringing a quicker end to rate hikes but also more economic risks.

As people approach retirement, their investment priorities change. They become less concerned with growth and more concerned with preservation of capital and generating income. And they are looking to their employers for investment solutions that can help. The retirement tier describes the investment products and solutions available within defined contribution (DC) plans that address the unique needs of participants who are entering the decumulation phase of retirement.

Though Fed head Powell was less hawkish than expected in his prepared remarks in Washington, the many Fed officials who spoke this week created a narrative of a tougher Fed than generally expected.