Guiding Workplace Savers To Better Retirement Outcomes
With plans for the introduction of auto-enrolment in Ireland, it is crucial that DC schemes have well-designed default investment strategies that give members confidence.
We believe defaults should have the following features to help guide members to better retirement outcomes:
With in-built risk management to protect members from adverse market shocks
Adaptable Evolving to reflect changes in markets, regulations and member needs
Simple to understand, so members feel confident and not overwhelmed
At State Street Global Advisors we recognise the challenges that DC schemes and members face in terms of saving and planning for retirement. As a result, we have designed our Timewise Target Retirement Funds as a robust DC investment solution that is dynamic, adaptable and intuitive.
This information is for informational purposes only, not to be construed as investment advice or a recommendation or offer to buy or sell any security. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment manager or to invest in a fund. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. There are no guarantees regarding the achievement of investment objectives, target returns, portfolio construction, allocations or measurements such as alpha, tracking error, stock weightings and other information ratios. The views and strategies described may not be suitable for all investors. SSGA does not provide tax or legal advice. Prospective investors should consult with a tax or legal advisor before making any investment decision. Investing entails risks and there can be no assurance that SSGA will achieve profits or avoid incurring losses.
Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.
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