The target-date decision has lacked consideration for glide path design, resulting in potential mismatch between the equity glide path used by the plan sponsor and the optimal glide path for the specific demographics of the plan participants.

We outline a quantitative framework that Morningstar has developed to help solve this problem.

In this paper, you'll find:
  • Why “one size does not fit all”
  • Problems with the current selection process
  • An overview of Morningstar's Glide Path Selection Tool