Fund managers should consider improving target-date fund disclosure to better align these products with the individual risk tolerance of investors, particularly in light of increased regulatory scrutiny over the performance of these funds in 2008, a retirement income expert says.

Jamie Kalamarides, senior vice president of retirement solutions at Prudential Retirement, recently spoke with Money Management Executive about improvements to the retirement income product lineup, annuity wrappers for 401(k) plans and multi-employer savings plans for small businesses.

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