As large, low-cost target-date managers continue to win highly coveted qualified defaulted investment alternative (QDIA) placements, in-plan retirement income developments represent a potentially significant opportunity for asset managers without a top target-date series to garner consistent, sizeable inflows from the DC market.
Cerulli’s study argues that asset managers should aim to create scalable, cost-conscious retirement income solutions that simplify decumulation decisions for everyday participants. Join CFA as they virtually host Shawn O’Brien, CFA of Cerulli Associates to discuss the findings of this recent study as well as the implications for the DCIO market and its asset managers