According to an article in Investmentnews.com, the retirement industry will be focused on a few areas in 2008 – among them are legislative requirements for fee disclosure, the automatic enrollment provision in 401(k) plans and the continued popularity of Target dated funds.
The article mentions the need for more simplified fee disclosure for participants and acknowledges that while Target dated funds may have higher fee, they may be worth it because of the fact that it takes pressure off participants.
NADART already has a policy of fully disclosing the fees it charges its plans. We also offer Target dated funds and the automatic enrollment provision. If you are interested in learning more about our plans and fees, please complete the Product Information Request Form.