Big data — no longer the exclusive domain of Silicon Valley — is reshaping traditional industries and creating opportunities for investors, even in surprising places like manufacturing and agriculture.
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.
Target date funds should be designed not just to maximize wealth accumulation during a participant’s career; they should also protect that wealth as the participant approaches and enters retirement. Here are three reasons why the glide path design of target date funds matters.
Collective investment trusts (CITs) offer many benefits to defined contribution plan sponsors — and, ultimately, to plan participants — but misconceptions about them persist.
Paul Zemsky and Susan Viston from our Multi-Asset Strategies and Solutions team discuss what approach to target date design will be best equipped to handle heightened market volatility going forward.
Voya’s approach examines the benefits of incorporating alternatives in target date funds by integrating within glide path design critical elements such as risk premia, skill premia and excess returns relative to fees.
This paper presents a glide path design process that seeks to maximize the probability of successful retirement by factoring plan participant profiles into investment decisions.
While today’s retirees are far more exposed to market risks than previous generations, shifting macro trends have rendered some traditional sources of retirement stability less reliable. Rethinking retirement asset allocation should include a high dividend, low volatility equity strategy.
From mid-February to early March 2021, Voya IM repeated its online survey of retirement plan sponsors to “take the temperature” of the retirement landscape. The findings offer perspective on the challenges plan sponsors face and the services needed, and may be helpful in putting your own plan challenges and needs into context.
Selecting a target date fund that best aligns with a retirement plan’s objectives and participants requires evaluation of four key aspects of fund design — glide path, asset allocation, underlying managers and portfolio construction.