Lifestyle assets to decline 2.5% a year in default fund market - Spence Johnson

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The use of target date funds (TDFs) and outcome-orientated default strategies in workplace defined contribution (DC) schemes will eat away at lifestyle's hold on the market, research shows.

Research firm Spence Johnson's fourth annual DC Market Intelligence report gave predictions on the market over the next 10 years. It said by 2023 it expected assets in lifestyle strategies to fa...

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