Tuesday, April 10, 2012

SEC Seeks Comment on Investor Testing Regarding Target Date Retirement Funds

The proposed rule would generally require target date retirement funds to more prominently disclose the fund's asset allocation at the target date. The disclosure would have to be placed adjacent to the fund's name the first time the it appears in marketing materials. The proposal would also require the marketing materials to include a table, chart, or graph depicting the fund's asset allocation over time. The Commission will consider the comments before acting on a proposal it issued in 2010 intended to enhance the information provided to individuals investing in such funds.

SEC Seeks Comment on Investor Testing Regarding Target Date Retirement Funds
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