TIAA-CREF broadened its portfolio of lifestyle funds this week with several new investments that automatically reallocate their portfolio assets to coincide with retirement plan participantsÂ’ projected retirement dates.

"We are launching these new TIAA-CREF Lifecycle Funds in response to our participantsÂ’ desire for a high-value, easy-to-use, less time-consuming investment option for people in making specific long-term investment decisions," said Edward Van Dolsen, vice president of pension product management.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.