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Customization to play huge role in funds of tomorrow; Advancements in technology expected to help participants

Mar 09, 2020 - Pensions & Investments

It's not exactly simple to provide tailored advice or information to the millions of participants in U.S. defined contribution plans. But with advancements in technology, new legislation and a retirement community striving to get people to sock more money away for their retirements, industry sources say retirement plans of the future in the U.S. will be shaped by customization.

"In accumulation, particularly the early years, a one-size target-date fund is pretty good for most people, but a...