Defined Contribution Institutional Investment Association Announces Retirement Research Center Founding Members
Comprehensive Research Agenda Centers on Five Pillars
WASHINGTON, March 4, 2020 (Newswire.com) - The Defined Contribution Institutional Investment Association (DCIIA) announced today the founding members of the DCIIA Retirement Research Center (RRC), as well as the RRC’s initial research framework focusing on five topic areas, or pillars. The founding members of the DCIIA RRC are:
AB
Alight
Ascensus
Aspen Institute Financial Security Program
Bank of America
BlackRock
Capital Group
Cerulli Associates
Empower Retirement
Franklin Templeton
Goldman Sachs Asset Management / Rocaton
Morningstar
Russell Investments
SPARK Institute
TRAU / TPSU
T. Rowe Price
Vanguard
Voya
Wells Fargo Asset Management
“We are excited to take the RRC to the next level in its evolution thanks to the commitment of these founding members,” said Lew Minsky, DCIIA’s president and CEO. “The RRC will play a pivotal role in expanding our ability to foster industry dialogue built on proprietary research, data, and analysis. This is a terrific development to share in the midst of celebrating DCIIA’s 10th anniversary.”
“In-depth discussions with our founding members have yielded a clear framework for our research agenda built on five key pillars,” said Warren Cormier, executive director of the DCIIA RRC. “We look forward to collaborating with our members to execute on that agenda as well as sharing practical, actionable insights with the broader industry.”
The RRC research pillars are as follows:
1. Issues around the retirement savings gap: systemic issues, participation and coverage challenges, impact on diverse constituencies, financial wellness
2. Retirement income: plan design and investment product best practices and insights
3. Defined contribution investment solutions: custom target date funds (cTDFs); environmental, social, and governance (ESG) investments, and more
4. Retirement plan decision-making: informing audiences including plan sponsors, advisors, consultants, and plan participants; SECURE Act impact
5. Industry profiling: learning more about challenges and opportunities for registered investment advisors (RIAs), recordkeepers, and retirement plans
About the DCIIA RRC
DCIIA’s Retirement Research Center conducts rigorous, industry-informed research that is grounded in a practical approach focused on actionable insights. We adhere to a disciplined research methodology, governance and validation process. Our goal is to serve the industry as a reliable, unbiased, and authoritative research resource supporting improved retirement security—be it through plan design, institutional practices, investment solutions, or behavioral interventions.
About DCIIA
Founded in 2010, the Defined Contribution Institutional Investment Association (DCIIA) is a non-profit association dedicated to enhancing the retirement security of America’s workers. To do this, DCIIA fosters a dialogue among the leaders of the defined contribution community who are passionate about improving defined contribution outcomes. DCIIA’s diverse group of members include investment managers, consultants and advisors, law firms, record keepers, insurance companies, plan sponsors and other thought leaders who are collectively committed to the best interests of plan participants. For more information, visit: www.dciia.org.
Contact: Karen Witham, DCIIA, mediarelations@dciia.org or 202-367-1124
Source: DCIIA
