Despite the increasing proliferation of target-date funds in employer-sponsored retirement plans, many sponsors aren’t very knowledgeable about the funds, Janus found in a survey.
For instance, compared to the findings in 2009, 50% of plans don’t know when the end date of the glidepath is, up from 32% in 2009. More than one-third are not familiar with the “to” or “through” glidepath debate, and 35% are not sure what the best qualified default investment alternative is for their employee population.
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