A recent Cerulli report notes that while managed accounts have enjoyed success in recent years, they’re not likely to overtake target-date funds in popularity for a number of reasons.
As of year-end 2014, 22% of DC plans offered a managed account, a figure that has doubled since 2009. However, managed accounts were available to better than half of plan participants, Cerulli notes, as well as that despite growing availability, participant adoption remains limited — just 7% of participants used these accounts as of year-end 2014.
For this week’s NAPA Net reader poll, I’d like to know if you’re using managed accounts as part of your practice, and what opportunities (and challenges) you see for these options.
You can reply to this week’s reader poll at https://www.research.net/r/5C7YWQQ.
We’ll share the results with you on Friday!
Remember that all responses are confidential/anonymous!
