To date, funding restrictions and short stays have kept jails from administering effective behavioral healthcare interventions for a large percentage of detainees and releasees (Regenstein & Maples-Christie 2012).
It introduced an index-based target date fund in 2009.
Part of the reduction, Fidelity noted, may be due to the popularity of target date funds.
"So the vast bulk of people go for the default scheme," often a target date fund.
At Fidelity, the majority of target date funds have done worse over those periods.
Target date funds also provide diversification, a proven strategy for improving long-term returns.
Investors have flocked to target date funds in part because fund companies aggressively market them as easy to use.
This not only decreased the returns offered by Fidelity's target date funds, it added more fees to the mix.
When a worker joins Nest, their money is automatically invested in one of its 46 "retirement date funds".
The 2055 retirement date fund – broadly for those aged around 27 – has provided an almost identical return.
