The tool, when used by advisors, will then suggest possible investment solutions, varying in risk/return characteristics, from the new Putnam Retirement Income Lifestyle Funds
Indeed, lifestyle funds
continue to remain popular, with nearly 40 percent of workers who had the option available to them choosing to invest in them, which is consistent with 2002.
Participants who invested in a single Lifestyle fund
also fared better on average than those who combined Lifecycle investments with other funds.
Given new regulations about default investments, Honeywell decided to add target-date funds to the lineup and use them as the default, while eliminating the lifestyle funds
to avoid any confusion among participants.
This fund, with a recent $553 million in assets, is the most aggressive of the lifestyle funds
for investors of varying risk tolerance," said Travis West, president and CEO of Fringe Benefit Group.
The John Hancock Global Absolute Return Strategies Fund is offered as a stand-alone member of the John Hancock family of retail mutual funds, and is also a component of the John Hancock Alternative Asset Allocation Fund (JAAAX), as well as several of the John Hancock Lifestyle Funds
IFAs will advise on ways of reducing risk in pension funds for those close to retirement, such as so-called Lifestyle funds
The Pro-Blend([R]) Maximum Term Series opened in 1993 and is recognized as one of the first lifestyle funds
Investing with a long-term family perspective requires a deep understanding of both family and finance; Family Wealth Management addresses these two topics in a seamless fashion, providing a comprehensive reference and practical approach for families interested in preserving both lifestyle funds
and legacy wealth through all types of investment environments.
Accessor Funds include six lifestyle funds
, and their recently launched Strategic Alternatives Fund.
Other schemes, such as Lifestyle Funds
, reduce the risk for savers nearing retirement.
Eighty-five percent offer or plan to offer target maturity/premixed lifestyle funds
, and more than half (54 percent) offer or plan to offer investment guidance, enabling companies' employees to receive direction on investment selections based on asset classes.
Recent mutual fund launches have focused on alternative investments, including the multi-managed John Hancock Alternative Asset Allocation Fund (Class A ticker: JAAAX) and the John Hancock Global Absolute Return Strategies Fund (Class A: JHAAX), and the firm has included alternative strategies as components of its Lifestyle funds
since their inception in 1998.
Hewitt's study also revealed improvements in overall employee behavior around diversification, company stock and the use of lifestyle funds
The new fund will be offered both as a stand-alone member of the John Hancock family of retail funds, and will also be a component of the John Hancock Alternative Asset Allocation (JAAAX) fund as well as several of the John Hancock Lifestyle funds