Report: Target Date Retirement Funds: Lack of Clarity Among Structures and Fees Raises Concerns
News release: “Today U.S. Senator Herb Kohl (D-WI), chairman of the Senate Special Committee on Aging, held a hearing on strengthening the 401(k) system, with a particular focus on the proliferation, composition, and regulation of target date funds. Target date funds, sometimes called lifecycle funds, are a type of mutual fund that automatically rebalances to …