As more and more employers opt to auto-enroll employees in target-date funds to give workers a nudge (more likely, a shove) toward a secure retirement, new research from J.P. Morgan shows that while plan sponsors are aiming for the bulls eye, they may be shooting slightly off center with their target-date strategy.
In its recently released white paper “Ready! Fire! Aim? 2009 for Defaulted Participants,” J.P. Morgan Asset Management researchers sought to determine any notable differences between the observations for the general participant population and for participants who were defaulted into a target date strategy through a plan’s QDIA.
