The Defined Contribution Institutional Investment Association on Monday announced the publication of six papers covering the concept of a "retirement tier" within defined contribution investment lineups.
The series of papers is available on DCIIA’s website.
"As the retirement savings system evolves, there is an increasing focus on including strategies for the retirement, or decumulation, phase as well as the savings, or accumulation, phase," said Lew Minsky, president and CEO of DCIIA, in a news release.
"We encourage plan sponsors to assess their plan distribution policies, offerings, and strategy in light of this objective, and we hope that this white paper series provides useful insights to assist them in these efforts," Mr. Minsky said.
