Arguably, the recordkeeping segment of the defined contribution industry has never been more competitive.
New product innovations, platform upgrades, and enhanced data-mining capabilities designed to help plan-specialist advisors drive better saving outcomes are rolling out at a feverish rate.
Now, Schwab Retirement Plan Services has introduced a way for RIAs to deliver customized managed account solutions for sponsor clients, an innovation that stands to redesign managed account distribution channels, and potentially threaten target date funds' dominance as the leading qualified default investment alternative in 401(k) plans.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
