The SEC is looking for comments on the results of investor testing of target date retirement funds.  The Commission wants to consider final comments before it acts on a proposal that's intended to enhance the information provided to individuals investing in such funds. As proposed, the rule would generally require target date retirement funds to more prominently disclose the fund's asset allocation at the target date.  And, the disclosure would have to be placed adjacent to the fund's name the first time the name appears in marketing materials.  Finally, the proposal would require marketing materials for target date retirement funds to include a table, chart, or graph depicting the fund's asset allocation over time. The SEC published a survey in which investors were asked questions after reviewing documents containing information about a hypothetical target date retirement fund.  The documents included versions revised to reflect the changes proposed by the Commission. Target date retirement funds are designed to make investing for retirement more convenient by automatically changing the fund's allocation among asset classes, such as stocks, bonds, and cash, over time.  Such funds typically become more conservative as the retirement date nears, and sometimes continue becoming more conservative for a number of years after retirement. The proposal is available on the Commission's website.  To ensure the public has a chance to comment, the Commission has reopened the comment period.  Comments on the proposal are due 45 days after publication in the Federal Register. For additional information - and there's plenty - go to: [SEC PR 12-53, 4/3/12], plus ...

• Proposed Rule, Reopening of Comment Period
• Investor Testing Report
• Submit Comments