The Department of Labor last year issued a few tips on target-date fund selection, including one related to costs — something that's gotten a lot of attention.
In fact, it's gotten so much attention, says J.P. Morgan in a report, that it's become a primary selection factor for many plan sponsors.
The firm says that's a mistake, because cost doesn't account for a number of other factors that should be considered when choosing appropriate TDFs for a plan.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
