Is Passive Truly the Safer Fiduciary Choice for Target Date Funds?
Fiduciaries sometimes view passive strategies as “safer” choices out of concern over fees. While fees are important, what ultimately matters are retirement outcomes for participants. This presentation discusses how passive management may not provide inherent fiduciary protection, and how active management may lead to better participant outcomes.
Jonathan Young, Senior Vice-President, Senior National Accounts Manager, American Funds from Capital Group