Our online target-date tool for financial advisors helps them find the right QDIA for their clients. Now it's easy to narrow the target-date universe and comply with regulations.
Why Is This a Critical Time for Your Clients?
Target-date funds (TDFs) will constitute 40% of defined contribution (DC) assets by 2015, making it critical that you and your clients make the right target-date choice today. And with so many recent changes in the target-date universe, it’s more important than ever to take the time now to reevaluate your existing or new TDF choices:
More new products. In 2006, there were seven TDF families with three-year track records. Today there are 30.
Volatile market conditions show just how different TDFs can be. In 2008, 2010 TDFs lost 9% to 41%.
New regulations provide a safe harbor for plan sponsors that select a QDIA—but they still need to document their QDIA selection process. Source: Morningstar. As of 9/30/2012.
Why Use the Target-Date Tool Set™?
It’s free and easy to use. It’s comprehensive. It’s completely customizable. And it’s available now to help you and your clients document a fiduciary process for selecting TDFs.
What’s In It?
The Target-Date Tool Set™ provides you with customized reports that help you document the TDF selection process to meet your clients’ fiduciary obligations.
- Background information helps clients understand the current landscape and the critical differences between “To” and “Through” TDFs .
- A simple questionnaire helps clients determine which type of TDF more closely matches their plan’s goals and actual participant behavior.
- The Target-Date Tool Set™ includes a fully customizable competitive report comparing TDF families on critical metrics, such as number of underlying fund managers, risk measures and glidepath design.
- With a few clicks, financial advisors can easily select the TDFs to compare.
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and you can access this valuable resource to the target-date fund selection process.