defined contribution plans
Actively managed strategies should have a place at the core of well-designed retirement plans.
If active managers cannot add value, then passive is the preferred position, not the other way around.
Actively managed funds can serve plan participants well.
The notion that choosing active or passive will in some way lower fiduciary risk is unfounded.
An unorthodox solution to the US retirement crisis from Sloane Ortel; a discussion of Nobel laureate Richard H. Thaler's contributions to economics by Lauren Foster; and an analysis of the value of self-awareness by Jim Ware, CFA, are among the top EI posts from October.
How will artificial intelligence (AI) affect the world of retirement accounts, specifically defined contribution (DC) plans? Sahil Sethi, CFA, anticipates several stages of development.
In the United States, and in many other countries, only a fraction of households have saved enough to look forward to a comfortable retirement. For those without a sizable nest egg, the so-called "golden years" are a grim prospect. Not surprisingly, governments around the globe are grappling with how their citizens will afford retirement.