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Retrieved on: 2024-08-09 20:25:09
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Summary
The article describes how collective investment trusts (CITs) have surpassed mutual funds in the target-date fund (TDF) market, particularly for defined contribution retirement plans in the U.S. It highlights the growing preference for CITs due to lower fees, despite concerns about transparency and regulatory oversight. The key concept of 'Mutual Funds' and tags such as 'Pensions,' 'Retirement plans,' and '401(k)' align with the article's focus on investment vehicles in retirement planning.
Article found on: www.plansponsor.com
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