The Center for Due Diligence, an independent information and strategic service firm serving the retirement plans advisory industry, has announced a new association designed to help with asset allocation in what is seen as a very mature business.

As noted by Phil Chiricotti, president of CFDD, with more than a trillion dollars held in investment vehicles and the continued growth of target-date funds as the consolidated category for DC plan assets, more focus is needed on TDFs – as due diligence is seriously lacking and evaluation standards have not been developed.

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