Voya’s biannual defined contribution plan sponsor survey seeks to offer perspectives on sponsors’ priorities

American workers are suffering from a decline in confidence that they will be sufficiently prepared for retirement — and they’re looking to their employers for help.

Plan sponsors often find the target date fund (TDF) selection process understandably daunting. Evaluating TDFs is a multi-faceted process that requires a deep dive into the four components of TDF design — glide path design, asset allocation, selecting underlying managers, and portfolio construction.

An unexpected shock in the banking sector has stress-tested the economy and policymakers. Both initially passed. But the impact on lending and credit conditions remains unclear and increases the likelihood of a mistake by the Fed going forward.

Passive investing has become popular with defined contribution plans due to its low costs and ease of use.

Weak global growth for the year ahead appears almost certain. The outlook for capital markets is anything but.