Plan sponsor eyes are lighting up as T. Rowe Price launches set-it-but-don't-forget-it target-date funds -- a 'major improvement,' Cerulli analyst says, over myopic retirement date focus

Interesting more about innovations that they left out. There is a methodology that allows for dynamically adjusting the "glide path" based on stock/bond valuations that should be considered. Again, it's all algorithmic. My work has shown that such a methodology can add 50-100bps in value per year (going back 20 years or so). Of course that methodology should be applied to the entirety of an investor's retirement holdings - as TRowe is doing here. Such an implementation seems like it would more than offset the costs of the funds and place a fund provider further out in front of "static" glide path approaches. Free food for thought. Reach out if interested in learning more.

“Personalization” is important because investing is personal, but pretending to “personalize” is – well – bad. Recordkeeper data says very little about participant worth because the median tenure of participants is less than 5 years, and even less for those most likely to be defaulted into participation – workers under age 35. As a practical matter, personalization only works for people who want to engage – for self-directed participants. This is not a QDIA. I’d really to talk about Soteria software that gives self-directed participants control over their own individual target date account. It also gives plan sponsors the flexibility they need to comply with DOL guidance to match their TDF to workforce demographics.