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The
Cerulli Edge™—Retirement Edition covers key
trends impacting the U.S. retirement marketplace
(public and private defined contribution and
defined benefit, IRA, rollover, and
non-qualified plans). It addresses topics
critical to firms competing for retirement
dollars including: asset managers, distributors,
plan providers, and third-party vendors. Future
themes will range from retirement income to
pension asset management and investment
vehicles. Content includes both qualitative
insight and proprietary data garnered from a
quarterly survey of firms across the industry.
This publication delivers the most timely
retirement-related research and industry trends. |
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1Q 2008
Highlights from the 1Q 2008 issue of The
Cerulli Edge™—Retirement
Edition include:
- Cerulli estimates that
20%–25% of corporate DC plans with assets greater than $10
million use an investment consultant, while this range jumps to
at least 35% for DC plans with assets between $100 million and
$1 billion.
- Since the DC plan has
overtaken the traditional DB plan as the retirement benefit of
choice in corporate America, pension consultants have adapted
and taken on more DC clients. According to Cerulli’s 2007 survey
of investment consultants, 80% expect to increase their DC
business in the wake of the pension fund crisis.
- Only 22% of DC providers
surveyed by Cerulli see long/short funds growing in the near
future. We attribute this to concerns over the suitability of
such investments for individual investors, but believe that this
can be overcome if long/short vehicles are incorporated into a
larger asset management strategy. For example, they could be
placed inside a target-date fund or managed account where they
would be least likely to be used improperly.
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