Track: Pension and Benefits

Target-Date and Asset Allocation Fund Solutions for DC Plans

Tuesday, October 21, 2008
8:30 a.m. - 9:30 a.m.
Room: 503

DC plan sponsors can offer asset allocation solutions to their plan participants by adding target-date, target-risk and asset allocation funds. The glidepaths, underlying funds, customized or packaged solutions vary and are increasingly confusing to evaluate. This session will review the range of investment, operational and technical issues plans sponsors face when implementing customized target-date strategies.

Speakers:

• Joachim H. Wettermark
  Director, Treasury
  Saleforce.com

• Linda Ruiz-Zaiko
  President and Founder
  Bridgebay Financial, Inc.

Objectives

• Learn how to compare custom and packaged target-date funds, glidepaths, underlying portfolios
• Asess the appropriateness of custom vs. packaged target-date solutions to different DC plans
• Identify trust and custodial issues for custom and packaged solutions
• Determine fiduciary and legal issues in offering custom vs. packaged solutions

Pre-Requisites

• Basic understanding of Defined Contribution plans
• Basic understanding of investment and fund types, bond funds, equity funds, international

Take-Aways

• Charts with multiple glidepaths for target-date funds
• Checklist for evaluatting different target-date funds using active vs. index portfolios

CPA Field of Study: FIN