In the 1990s, what then passed for a retirement industry was consumed with the marketing of mutual funds and building advisory and asset management brands.
Moving into the first decade of the 2000s, the meme shifted to target-date funds and other qualified default investment alternatives made available to 401(k) sponsors through the Pension Protection Act of 2006.
Now, the stage is set for the next evolution in the retirement space, thinks Harry Dalessio, head of full service solutions at Prudential Retirement.
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