Confusion over "target" calls for extra attention:

09/21/2009 | InvestmentNews (free registration)

As plan sponsors, regulators and lawmakers look back at what has happened in the financial industry in the past year, they have become concerned about the definition of "target date." Investors need to be protected against longevity risks and plan sponsors need to exercise due diligence, says Tom Bowler of PrimeTRUST Advisors. "We are big advocates of taking into consideration your employees' demographic, including investment expertise, risk tolerance, savings patterns and investment activity," he says.

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