Personalization in retirement investing is not just something that would be nice to have but is something that we need to have. We can equate that to buying readers, the reading glasses at the local pharmacy. With readers, you see a bunch of glasses and pick the one...
Currently, a target-date fund, or TDF, is used as the default for a retirement plan. The current target-date fund is very popular because of a few reasons: It is simple to understand. It is low cost. It is de-risked over one’s lifetime. From that...
At iGPS, we think about personalization in the following way: landing on the moon. To land on the moon, you must be very precise and exact. Even one-one thousandth of a degree off from the beginning of your journey, even though it is so minute, it carries you across...
The Retirement Promise Podcast – Join Steve and Philip as they talk about his focus on personalized TDF’s and how his collaboration with PIMCO supports our shared vision of helping produce better retirement outcomes for millions of...
When considering managed accounts inside a retirement plan, you may want to consider two questions: Why offer a managed account in a retirement plan? Can personalization be available without investing through a managed account? A managed account is a personalized...
Target date funds came into existence three years prior to 2006. And what’s so critical about 2006 is that the Pension Protection Act introduced an item called qualified default investment alternative, or QDIA, which basically gave fiduciary relief for employers who...