(Source: Wells Fargo & Company) CHARLOTTE, N.C., December 1, 2015 Wells Fargo Institutional Retirement and Trust today introduces Target My Retirement SM, a more personalized investment product for its 401(k) plan sponsors and participants. Target My Retirement takes its cue from the well-accepted target date approach to investment allocation, but the product’s innovation comes through the addition of more personal information about the investor, including an individual’s current financial and demographic information. Like a target date fund, Target My Retirement is cost-effective and can be used as a plan’s qualified default investment alternative (QDIA). Wells Fargo chose Morningstar...
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