Risk-based strategy aims to provide pension benefits similar to government DB plans
Expands Comfort Portfolios line-up
Investors can choose from six target end date funds each with a different time horizon
Research paper supports the idea of a glide path that continues to evolve beyond retirement
Agreement gives plan sponsors a choice between two different target date solutions
Porfolios feature “Reserve Balance” capital protection program
More and more financial products offer predictability, but they can be tough to understand and may carry high opportunity costs
Target date fund assets surpass $1 billion
Units no longer available for purchase
Target date fund starts with 75% equity weighting