Is it right just because everybody is doing it? How much is too much?
Ron Surz, President of Target Date Solutions, has a long and distinguished career in institutional investment management and consulting. We asked Ron to participate in the Multi-Employer Benefit Fund Podcast to share his unique perspective on target date funds and the glide paths that various firms are using today. Ron’s research suggests that the amount of risk these portfolios are exposed to around the time participants are retiring (both before and after) should be of great concern to plan sponsors and participants. He provides compelling information to support his assertion and we think it deserves attention and discussion among trustees and their advisors.
You can also gain valuable insights and education about target date funds through the resources listed below.
Articles are available at:
https://targetdatesolutions.com/fiduciary-corner.html includes Ron’s Metamorphosis book
Articles on investment manager due diligence are available at:
An Understanding & Selecting TDFs is available on request from me Ron@TargetDateSolutions.com or on Amazon at https://www.amazon.com/Fiduciary-Handbook-Understanding-Selecting-Target/dp/1633180115/ref=sr_1_1?keywords=surz&qid=1569251675&s=books&sr=1-1
Metamorphosis book is also available on Amazon at https://www.amazon.com/Remarkable-Metamorphosis-Target-Date-Funds/dp/6202314788/ref=sr_1_5?keywords=surz&qid=1569251821&s=books&sr=1-5