Target-Date Radar

Our powerful cloud-based analytics solution helps retirement plan advisors identify the most appropriate Target-Date Funds for their clients. Target-Date Radar provides plan advisors and sponsors with an established, repeatable methodology and a documentable process for assessing, selecting and monitoring TDFs.

Our three step process

  • 1. Decision questionnaire
  • 2. Suitability overview & selection
  • 3. Reporting

1. Decision questionnaire

Gather information on a plan’s objectives and participant demographics and behavior. Establish preferences across Target-Date RadarTM’s Suitability Criteria: Active vs. Passive Management, Open vs. Proprietary Architecture, Non traditional Assets, Landing Point (To vs. Through) and Glide Path Shape (LVI).

Active vs. Passive
Active managers try to outperform benchmark indices through numerous strategies, with mixed results. Passive managers cannot outperform benchmark indices but track them closely and at a much lower cost than active management.
Open vs. Proprietary
Some TDF providers only utilize proprietary funds as the building blocks of their TDF, trying to control risk exposures. Others try to select best-in-class funds as the building blocks, regardless of the fund company.
Non Traditional Asset Classes
Some TDFs simplify their asset allocation by limiting assets to US equities, US bonds and Cash. Others use many different non-traditional asset classes from around the globe in an effort to reduce risk through diversification.
Landing Point (To vs. Through)
Some TDFs reach their minimum-risk allocation at (or before) age 65, while others continue to de-risk through retirement to as long as 30 years (age 95). The behavior of your participant base should drive this decision.
Glide Path Shape (Retirement Risks)
Each TDF addresses the 3 retirement risks in a different balance (Longevity, Volatility, Inflation). The optimal combination considers participant demographics and behaviors in addition to sponsor views and objectives.

2. Suitability overview & selection

Generate a custom scoring system based on Suitability Criteria preferences. Interactively navigate the ranked universe of TDFs.

3. Reporting

Top scoring TDFs are presented in a visually intuitive format with an extensive range of charts and statistics for accurate decision-making. Generate current vs. proposed comparative reports.

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MPI Target Date Report cover

Benefits

  • Fulfill Fiduciary Duty: With analytical rigor and a defined process, Target-Date RadarTM supports advisors and plans in upholding their fiduciary responsibilities.
  • Go Beyond “To vs. Through”: Suitability Criteria moves past simple assumptions for evaluating, selecting and monitoring TDFs.
  • Comprehend Complexity: Better understand glide path shape, asset allocation mix and product construction. Robust analytics measure longevity, volatility and inflation (LVI) risks.

Features

  • Institutional Methodology: Built with input from leading institutional consultants acting as fiduciaries on large defined contribution (DC) plans.
  • Conflict Free: Target-Date RadarTM is objective and impartial. MPI is an independent investment technology firm, not an asset manager trying to promote its own products.
  • Comparative Reports: Powerful reports compare TDFs against a backdrop of peers. Support the decision-making process and ongoing monitoring.

Suitability summary review

Go Beyond “To vs. Through”: Suitability Criteria moves past simple assumptions for evaluating, selecting and monitoring TDFs.

TDF due diligence

Comprehend Complexity: Better understand glide path shape, asset allocation mix and product construction.

Learn more