In October 2017, Vanguard plan participants reached a tipping point: Half of all Vanguard participants are invested in a single target-date fund—and 57% are invested solely in a professionally managed allocation.
Professor Richard Thaler’s Nobel Prize in Economics for his work in behavioral economics is also a Nobel Prize for retirement savers—for the millions of individuals helped by his ideas and as a result on their way to a better financial future.
Vanguard Chief Economist Joe Davis says automation will actually result in more and better jobs for humans.
As client-owners of Vanguard’s U.S.-based funds, shareholders can help shape how the funds are operated and managed, Chairman and CEO Bill McNabb says in urging all shareholders to vote before a November 15 deadline.
In June 2017, Vanguard issued the first How Australia Saves. Investment behavior is similar worldwide. Investors who choose professionally managed allocations have reduced the dispersion of risk and return vs. self-directed investors.
It’s National Retirement Security Week, and Managing Director Martha King celebrates the year-round efforts of plan sponsors to make retirement readiness a reality for participants.
When selecting a TDF, plan sponsors consider if one with an added alternative investment, or strategy, like an overweight to REITs, is a justifiable long-term choice. Vanguard Target Retirement Funds offer broad equity exposure without active bets.
The global economy is at or near full employment, yet a decade after the onset of the Global Financial Crisis, central banks still struggle to achieve their 2% inflation targets despite years of extraordinary stimulus. Joe Davis examines the growing deflationary effects of Moore’s Law and explains why technology is an important—and often overlooked—factor in explaining why inflation has tended to fall short of expected targets.
Head of Vanguard Retirement Plan Access discusses the role of professional partnerships in the management of small- and mid-size retirement plans and how guidance on issues like plan design can result in small changes that produce meaningful results for participants.
Chief Investment Officer Greg Davis walks through some recent criticisms of indexing and explains why they don’t hold up to scrutiny.