PLANADVISER - September/October 2020 - 17
2020 PLANADVISER Retirement Plan Adviser Survey
EATHTHE
WAVES
Our annual Retirement Plan Adviser Survey
uncovers treasures during a turbulent time
R
etirement plan advisers, perhaps more than any other
experts in our industry, have a good sense of the relative
strength of the products and services offered
by investment and recordkeeping providers. One adviser,
speaking in September at the virtual 2020 PLANADVISER
National Conference (PANC), said he works with more than
20 recordkeepers concurrently. And that might just be the
median number; another speaker said her firm has relationships
with over 60!
The 2020 Retirement Plan Adviser Survey (RPA), our
13th, amasses data from the adviser community to discover
how these individuals select providers and funds, plus, as in
other years, to pick up on any developing trends.
One investment product that continues to receive, and
warrant, significant discussion is target-date funds (TDFs).
Since passage of the Pension Protection Act of 2006 (PPA),
target-date funds have become the investment option
gathering the most inflows. These popular investments are
the qualified default investment alternative (QDIA) for 77%
of plans this year, according to early results of the 2020
PLANSPONSOR Defined Contribution (DC) Survey. Even
considering how established TDFs have become, managers
continue think about how to further develop the funds.
" Dislocations in the market, such as what happened
this year because of the COVID-19 pandemic, can expose
weaknesses in TDFs, " according to Nate Palmer, managing
director, Portfolio Management Group, Wilshire Funds
Management, also speaking at the recent PANC. " There
may be tilts and biases within them. As an example, as we
look at target-date funds, there is evidence of the emergence
of blends-a nontraditional strategy. "
One section of the RPA Survey asked advisers to flag their
five most recommended TDF series and to specify whether
the underlying investments were active, passive or a blend.
The numbers trended to a 50% active, 40% passive and 10%
blend split, illustrating the diversity among choices this year.
Art by Vikki Zhang
planadviser.com September-October 2020 | 17
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PLANADVISER - September/October 2020
Table of Contents for the Digital Edition of PLANADVISER - September/October 2020
A Careful Inspection
2020 PLANADVISER Retirement Plan Adviser Survey
Keeping Clients Safe
Cures for Virtual Meeting Fatigue
Inflation Protection For DC Investors
How to Show Your Worth
Never Too Late
A Return to Rollover Advice
Whether—And How—To Vote Proxies
PLANADVISER - September/October 2020 - Cover1
PLANADVISER - September/October 2020 - Cover2
PLANADVISER - September/October 2020 - 1
PLANADVISER - September/October 2020 - 2
PLANADVISER - September/October 2020 - 3
PLANADVISER - September/October 2020 - 4
PLANADVISER - September/October 2020 - 5
PLANADVISER - September/October 2020 - 6
PLANADVISER - September/October 2020 - 7
PLANADVISER - September/October 2020 - 8
PLANADVISER - September/October 2020 - 9
PLANADVISER - September/October 2020 - 10
PLANADVISER - September/October 2020 - 11
PLANADVISER - September/October 2020 - A Careful Inspection
PLANADVISER - September/October 2020 - 13
PLANADVISER - September/October 2020 - 14
PLANADVISER - September/October 2020 - 15
PLANADVISER - September/October 2020 - 2020 PLANADVISER Retirement Plan Adviser Survey
PLANADVISER - September/October 2020 - 17
PLANADVISER - September/October 2020 - 18
PLANADVISER - September/October 2020 - 19
PLANADVISER - September/October 2020 - 20
PLANADVISER - September/October 2020 - 21
PLANADVISER - September/October 2020 - 22
PLANADVISER - September/October 2020 - 23
PLANADVISER - September/October 2020 - 24
PLANADVISER - September/October 2020 - 25
PLANADVISER - September/October 2020 - Keeping Clients Safe
PLANADVISER - September/October 2020 - 27
PLANADVISER - September/October 2020 - 28
PLANADVISER - September/October 2020 - 29
PLANADVISER - September/October 2020 - Cures for Virtual Meeting Fatigue
PLANADVISER - September/October 2020 - 31
PLANADVISER - September/October 2020 - 32
PLANADVISER - September/October 2020 - 33
PLANADVISER - September/October 2020 - Inflation Protection For DC Investors
PLANADVISER - September/October 2020 - 35
PLANADVISER - September/October 2020 - How to Show Your Worth
PLANADVISER - September/October 2020 - 37
PLANADVISER - September/October 2020 - Never Too Late
PLANADVISER - September/October 2020 - 39
PLANADVISER - September/October 2020 - 40
PLANADVISER - September/October 2020 - 41
PLANADVISER - September/October 2020 - A Return to Rollover Advice
PLANADVISER - September/October 2020 - Whether—And How—To Vote Proxies
PLANADVISER - September/October 2020 - 44
PLANADVISER - September/October 2020 - Cover3
PLANADVISER - September/October 2020 - Cover4
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