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401(k)/IRA

Target Date Funds: A QDIA That’s DOA?

Target Date Funds: A QDIA That’s DOA?

by Kerry Pechter

Mon, Jun 22, 2009

Last week, federal officials tried to locate the blame for 2008 TDF losses: Was it marketing hype by TDF makers, a flawed concept, Americans' weak financial literacy, regulatory lapses, or merely the caprice of the markets?

Under Putnam’s Hood, A Fidelity Engine Roars

Under Putnam’s Hood, A Fidelity Engine Roars

by Kerry Pechter

Tue, Jun 23, 2009

In the past year, Putnam Investments owner Great-West Lifeco has recruited (l-r) Fidelity veterans Robert L. Reynolds, Jeffrey R. Carney and Edmund F. Murphy III, among others, perhaps to capitalize on Obama's plan for universal retirement savings coverage.