The last few weeks have been an incredible roller-coaster ride for the retirement industry and plan participants. That bumpy ride could hit some people much harder than others if they aren’t aware of, or paying attention to, the mix of investments in their portfolio.
There have been plenty of changes over the last few years for retirement plan advisers, plan sponsors, fund companies, record-keepers and participants. But most pale in comparison to the massive, industry-changing trend of using target date funds as the QDIA. The amount of money rolling to target date funds rather than other core funds options is astounding. But, there are signs of trouble everywhere that the retirement community is missing entirely.
