News and Updates
PCI’s Chris Thixton, QPA, C(K)P®, Gives Insight on Target Date Funds in InvestmentNews
Last Updated: May 12, 2020
PCI Principal Chris Thixton, QPA, C(k)P® was recently quoted in InvestmentNews. The article “Vanguard cements its hold on the target-date marketplace” discusses the trend toward lower costs in retirement plans.
Chris touches on two trends he sees around Target Date Funds within defined contribution plans: fees paid by plans and passive vs. actively managed funds. “Our research has shown that high costs don’t provide results.” But, he goes on to say, “fees without results are meaningless,” and adds, “We stay away from having cheap for the sake of showing cheap.”