SEC, DOL Plan Joint Hearing on Target Date Funds

May 28, 2009

The Securities and Exchange Commission (SEC) and the U.S. Department of Labor (DOL) will hold a joint hearing June 18 to explore issues relating to target date or lifecycle funds and other similar investment options.

The hearing, to be held at DOL, will focus on issues facing investors in target date investments including portfolio composition, risk, and disclosure.

The agencies said they anticipate witnesses will include representatives of plan participants and beneficiaries, plan sponsors, investor organizations, academia and the financial services industry.

For more information on the hearings, please click on SEC Target Date Hearings Announcement.