In the News

Title

Why Target Date Funds Are Disliked By Financial Advisors

Document Type

Article

Publication Date

4-21-2015

Abstract

Target date funds remain a darling among some financial advisers for managing risk, but other retirement experts find its drawbacks make them a poor investment option.

The funds were created in 1994 to help investors simplify their decision-making in how to allocate and diversify their assets, especially as they get closer to retirement age.