By New Frontier

New Frontier submitted this comment to the SEC and DOL in response to File No. S7-12-10. The False Promise of Target Date Funds as QDIA Investments The Department of Labor (DOL) should disallow blanket fiduciary relief for target date funds (TDFs) as qualified default investment alternatives (QDIAs). Our recent research (Esch and Michaud, 2014) based on thousands of simulatio ...