Constructing a defined contribution investment lineup: Four best …
Constructing a defined contribution investment lineup: Four best practices Frank Chism, CAIA; Kelly N. McShane; Stephen P. Utkus Vanguard Commentary April 2016 Target-date funds (TDFs) are changing the dynamics of participant decision-making in defined contribution (DC) plan menus. They are dominating investment choices through a pronounced default effect in automatic enrollment plans, and through a … ................
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