A growing numbers of plan sponsors have expressed openness to embracing stable value funds as part of their retirement plans. For years, fewer than half of defined contribution plans have offered stable value funds, according to data from Prudential Retirement.
“Over the past 40 years, stable value funds have performed remarkably well, even through economic downturns, like the financial crisis in 2008,” says Gary Ward, head of stable value at Prudential, noting the number of plans offering stable value funds still remains below 50%.
