Mutual fund shops take heed. PIMCO's 2013 Defined Contribution Consulting Support and Trends Survey sheds light on how consultants are helping their plan sponsor clients design their plans around target-date and retirement income products.

Money Management Executive spoke with Stacy Schaus, executive vice president and PIMCO's defined contribution practice leader, about how consultants are picking target-date funds and why insurance products still can't gain traction in 401(k) plans.

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