401k Plans Sponsors Reject Proprietary Fund Products

In the longest opening sentence we’ve seen in some time, a “new in-depth study conducted jointly by AllianceBernstein and BrightScope reveals a dramatically shifting target-date landscape where recordkeepers who offer their own target-date funds–known as ‘proprietary’ funds–are losing share of assets on their own platforms as plan sponsors are increasingly choosing funds from other providers given the increased array of solutions that offer benefits such as enhanced diversification, lower fees, multiple managers, etc.”

Read More: https://401kspecialistmag.com/401k-plans-sponsors-reject-proprietary-fund-products/

Leave a Reply