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Shifting the focus to plan advisor specialists in the intermediary market rather than plan sponsors, State Street is deploying a new distribution strategy to keep the TDF momentum going -- even as it sees the need for TDFS to evolve. (Photo: Getty)

The $7 trillion defined contribution market  could be compared to an aircraft carrier—the plodding behemoth of the ocean that doesn’t change direction quickly, but moves a lot of water when it does.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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