PlanPILOT Offering OCIO Search Services

If your company or non-profit is looking to outsource Chief Investment Officer services, you aren’t alone. Demand for Outsourced Chief Investment Officer (OCIO) services has skyrocketed, particularly among non-profits, driven largely by a strong desire by asset owners to increase returns. According to a 2016 Outsourced-Chief Investment Officer Survey, 41% of respondents currently outsource or plan to outsource in the next 12 months, and 70% of OCIOs granted full discretion over manager selection, compared to just 39% last year. PlanPILOT now offers OCIO search services to help you find the right provider.

The question is, why are OCIO services in greater demand than ever?

How to Select Target Date Funds for Your Retirement Plan

Target date funds are popular options for employer-sponsored retirement plans. As the name suggests, target date funds are chosen based on the estimated year you plan to retire. For example, an employee who is about 14 years away from retirement would choose a 2030 target date fund. In this type of fund, the investment strategy is tailored to be more aggressive the further you are from retirement and become more conservative as you get closer to your “target date”.