Skip to main content

You are here

Advertisement

NAPA Webcast Discusses DOL Tips on TDFs

Target date funds continue to grow in popularity as QDIAs and as part of a lineup of designated investments offered to participants. After the financial problems of 2008, the DOL and the SEC became concerned about how TDFs funds are named and marketed. And in February of this year the DOL issued a list of “Tips for Plan Fiduciaries” with respect to the selection and monitoring of target date funds.

In a March 21 NAPA webcast sponsored by T. Rowe Price, Brad Campbell of Drinker, Biddle & Reath provided particularly useful insights into how these “tips” will be an important guide in the future for advisors and plan fiduciaries. Although they’re not official guidance, Campbell strongly recommended that fiduciaries play close attention to these new guidelines. Campbell previously served as the Assistant Secretary for DOL’s Employee Benefits Security Administration.

An archived recording of the webcast, “Taking a Fresh Look at Target Date Funds: What Advisors Need to Know about DOL and SEC Regulations and Guidance,” can be accessed on a complimentary basis by NAPA members ($99 for non-members). For more information, click here.

Advertisement