Three-quarters of plan sponsors advised by institutional investment consultants prefer, or actively seek, to keep retiree assets in plan, creating new distribution opportunities for asset managers
According to The Cerulli Report—U.S. Defined Contribution Distribution 2022: Tailoring Solutions to the Consultant-Intermediated Fiduciary Landscape , one in four target-date managers offers a target-date fund with an annuitization component. October 20, 2022, BOSTON—As retirement income becomes the most top-of-mind issue in the defined contribution investment-only (DCIO) asset manager community, annuities are gaining steam as an embedded component of target-date funds.
In the 36 months following the passage of the Setting Every Community Up […]
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