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Not FDIC Insured • May Lose Value • No Bank Guarantee
DC FUNDS SPOTLIGHTQualified Default Investment Alternative (QDIA) Eligible Funds
Gross/Net Expense Ratio1
Global Allocation (Institutional) (2/3/89) MALOX (I) / MCLOX (C) MALOX (I) / MCLOX (C) 0.90 / 0.81
LifePath 2050 Portfolio (Institutional) (6/30/08) STLFX (I) / LPCPX (C) LPRFX (A) / LPRPX (R) 1.31 / 0.85
LifePath 2040 Portfolio (Institutional) (3/1/94) STLEX (I) / LPCKX (C) LPREX (A) / LPRKX (R) 1.19 / 0.85
LifePath 2030 Portfolio (Institutional) (3/1/94) STLDX (I) / LPCNX (C) LPRDX (A) / LPRNX (R) 1.19 / 0.85
LifePath 2020 Portfolio (Institutional) (3/1/94) STLCX (I) / LPCMX (C) LPRCX (A) / LPRMX (R) 1.19 / 0.85
LifePath Retirement Portfolio (Institutional) (3/1/94)
STLAX (I) / LPCRX (C) LPRAX (A) / LPRRX (R) 1.18 / 0.85
Core Funds
Basic Value (Institutional) (7/1/77) MABAX (I) / MCBAX (C) MDBAX (A) / MRBVX (R) 0.55 / 0.55
Equity Dividend (Institutional) (11/25/87) MADVX (I) / MCDVX (C) MDDVX (A) / MRDVX (R) 0.76 / 0.76
Capital Appreciation (Institutional) (12/31/97) MAFGX (I) / MCFGX (C) MDFGX (A) / MRFGX (R) 0.80 / 0.80
Mid Cap Value Opportunities (Institutional) (2/1/95)
MARFX (I) / MCRFX (C) MDRFX (A) / MRRFX (R) 0.95 / 0.95
International (Institutional) (10/30/98) MAILX (I) / MCILX (C) MDILX (A) / BIFRX (R) 1.73 / 1.73
International Opportunities (Institutional) (9/26/97)
BISIX (I) / BRECX (C) BREAX (A) / – 1.36 / 1.35
Inflation Protected Bond (Institutional) (6/28/04) BPRIX (I) / BPRCX (C) BPRAX (A) / – 0.59 / 0.40
High Yield Bond (Institutional) (11/19/98) BHYIX (I) / BHYCX (C) BHYAX (A) / BHYRX (R) 0.72 / 0.67
Strategic Income Opportunities (Institutional) (2/5/08)
BSIIX (I) / BSICX (C) BASIX (A) / – 0.78 / 0.65
GNMA (Institutional) (5/18/98) BGNIX (I) / BGPCX (C) BGPAX (A) / – 0.85 / 0.54
DC ADVISOR CONSULTANT TEAM
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Northeast
Chris [email protected]
DC Internal Advisor Consultant: Michael [email protected]
Head of DC Advisor-Sold Distribution
Midwest
Jeff [email protected]
DC Internal Advisor Consultant: Matthew [email protected]
South Central
Robert J. [email protected]
DC Internal Advisor Consultant: Don [email protected]
Southwest
DC Internal Advisor Consultant: Anthony [email protected]
Southeast
Eben [email protected]
DC Internal Advisor Consultant: Allison [email protected]
MidAmerica & NJ
Dick [email protected]
DC Internal Advisor Consultant: Val [email protected]
Mid-Atlantic
David [email protected]
DC Internal Advisor Consultant: Kevin [email protected]
NYC Metro
Mitch [email protected]
DC Internal Advisor Consultant: Joe [email protected] Important Risks of the LifePath Funds: The Portfolios are actively managed and their character-
istics will vary. As funds-of-funds, the Portfolios are subject to the risks associated with the underlying BlackRock and iShares® funds in which each Portfolio invests. The target date in the name of the fund is the approximate date when an investor plans to start withdrawing money. The principal value of the fund is not guaranteed at any time, including at the target date.
You should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. The funds’ prospectuses and, if available, the summary prospectuses contain this and other information about the funds and are available, along with information on other BlackRock funds, by calling 800-882-0052 or from your financial professional. The prospectuses and, if available, the summary prospectuses should be read carefully before investing.1 Net operating expenses exclude investment interest expenses, acquired fund fees, if any, and certain other fund expenses net of
all waivers and reimbursements. For LifePath Portfolios, net operating expenses include acquired fund fees but exclude investment interest expenses, if any, and certain other fund expenses. See the prospectus for more detailed information. Net expense ratios may include both contractual and/or voluntary waivers. Absent of such waivers and/or reimbursements a fund’s expenses would be higher and its investment return would have been lower. Contractual waivers typically carry a one-year term. Contractual waivers terminable upon 90 days notice by the fund’s independent trustees or majority vote of outstanding fund securities. Voluntary waivers or reimbursements can be terminated at any time. Please see the fund’s prospectus for complete fund specific expenses.
FOR MORE INFORMATION: www.blackrock.com
©2012 BlackRock, Inc. All Rights Reserved. BLACKROCK, BLACKROCK SOLUTIONS and iSHARES are registered trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.
Prepared by BlackRock Investments, LLC, member FINRA.
DC6046-0512
Pacific Northwest
Peter Campagna415-906-9203 [email protected]
DC Internal Advisor Consultant: [email protected]
Marketing Insight & Expertise Your Guide to Our Suite of Defined Contribution Programs and Resources
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PLAN DESIGN OUTCOMES BUSINESS OUTCOMESSmart DC financial professionals are evolving their business to stay ahead of the
continual changes in the industry and showcase their value to clients. BlackRock
has the tools and resources you need to evolve and grow your business while helping
participants achieve better outcomes.
Topics Include: Resources Include:}Evaluating QDIA }Publications
}Retirement Income Planning }Conversation Starters
}Social Security Fundamentals }CE approved seminars
}Roth 401(k)s and IRAs }Calculators
}Case Studies
}Videos
}Webinars
INVESTMENT OUTCOMESInsightful thought leadership to provides the latest on DC news, trends and best practices
that you can integrate into your clients’ DC plans to help make an enormous impact on
participants’ retirement outcomes.
Topics Include: Resources Include:}Retirement Income }Whitepapers
}Target Date Strategies }Publications
}Index Strategies }Research
}Videos
Industry leading tools to benchmark plan fees as well as evaluate and monitor overall
plan design and investment menus to build effective DC plans that create better
retirement outcomes for participants.
Resources Include: Analytic Tools Include:}Timely product updates }Fi360
and commentary }Advisor Lab
}Product brochures and }Judy Diamond
fund fact sheets }Morningstar
}Quarterly updates }Portfolio Comparison
}Seminars }Portfolio Analysis
}Fee Benchmarking
QDIA SolutionsTarget Date funds, Balanced funds and ETFs provide plan sponsors with appropriate and
easy default investments for participants
Mutual FundsAccess to over 100 products across asset classes, sectors, regions and vehicles
Target Date CapabilitiesA full spectrum of target date solutions available in 5 and 10-year increments
Index CapabilitiesAccess to mutual funds, CTFs, and over 200 ETFs
Fiduciary ToolkitThis multi-media toolkit is designed to help advisors understand the various fiduciary
roles, responsibilities, and changing reporting requirements to help them get ahead of
the changes and demonstrate their value to their clients
For more information visit: our News & Insight section on the web. For more information visit: Our Investment Strategy section on the web.
DCfocus—a quarterly publication for plan sponsors that provides the latest on DC news and thought leadership
2012 DC Survey—learn about the new world of retirement through insights from plan sponsors, current participants and recent retirees
Quarterly video series features members of the DC team offering their perspective on what should be “top of the agenda” for plan sponsors in 2012.
Subscription to videos, charts and stats help illustrate timely updates from BlackRock thought leaders
A series of guides with insight into a host of topics including: plan fees, due diligence reviews, investment menus, fiduciary status, and rollover assets.
Online resource center with video insights from ERISA Attorney Marcia Wagner
Prepared by The Wagner Law Group
Due DiligenceDue Diligence Review of New 401(k) Plans
Prepared by The Wagner Law Group
Fiduciary Status Understanding the Different Roles and Status of 401(k) Fiduciaries
Prepared by The Wagner Law Group
Investment Menu Advising 401(k) Clients on the Investment Menu
Retirement is changing; the question is how? While the media is
filled with dire warnings and evidence is piling up that retiring
later and working during retirement are becoming more common,
BlackRock decided to get the opinion of those best positioned
to offer insight into the new world of retirement: current retirees.
The good news is that retirees are generally positive about
retirement and they are using their post-career years in new ways.
What’s more, while hurdles remain, plan sponsors and providers
seem to be on the right track in helping reinvent retirement.
Retirees’ insights, combined with those of plan sponsors and
current workers, revealed crucial differences between retirement
expectations and reality, and help identify what all of us can do
to build retirement confidence.
Retirement Beats Expectations
One of the themes that emerged most strongly from this year’s
Survey is that retirees’ experience of retirement is more positive
than the expectations of current plan participants. More than
half of retirees are confident they will have enough money to
live comfortably in retirement, as compared with a quarter of
plan participants.
In trying to understand this difference in expectations, several
factors emerged that taken together can help shape retirement
plans for today’s participants. They include sources of retirement
income, tenure in their retirement plan, and how clearly participants
understand the intended outcomes for their retirement solutions.
Fortunately, today’s workers are receptive to the lessons learned:
almost 92% of plan participants agree they can learn from retirees
when it comes to retirement income planning. Also, the evolution of
retirement plans is already on the path to replacing one of the
key factors in retirement confidence: retirement income.
RETIREMENTB L A C K R O C K ’ S A N N U A L
S U R V E Y
Reinventing Retirement What Retirees Have to Tell Us About the New World
Survey Key Findings
1. Gaps between perceptions of the retired and current plan participants point the way forward for defined contribution plans.
Retirees’ experience of retirement is more positive than the
expectations of those of current plan participants. More than
half of retirees are confident that they will have enough money
for retirement, as compared with only one quarter of participants.
The reasons for the gap include demographic changes and
“lessons learned” by retirees. Traditional sources of retirement
income are correlated with retirement confidence and satisfaction.
While it is not a new finding that traditional sources of retirement
income, particularly defined benefit (DB) plans, are in decline,
the Survey does shine a light on the role income plays in
creating confidence.
Survey respondents also reported that increased tenure and
engagement with defined contribution (DC) plans increase
confidence for both retirees and current participants.
The “lessons learned” by retirees include regret over mistakes
made in their retirement planning. The retirees had four major
regrets: not making the most of the 401(k) plan (13% of retirees
reported doing so; of those, 87% expressed regret); not enrolling
in a retirement plan early enough (23% of retirees reported doing
so; of those, 90% expressed regret); not making a financial plan
for saving for retirement early enough in one’s working life (27%
of retirees reported doing so; of those, 85% expressed regret);
and not saving the maximum amount of money (27% of retirees
reported doing so; of those, 78% expressed regret).
Helping to Secure Your Clients’ RetirementQuality Control
“Qualifying” your Qualified Default Investment Alternative
This seminar examines the changing retirement landscape and its effect on the DC
industry, the role of the Pension Protection Act of 2006, the importance of selecting an
appropriate Qualified Default Investment Alternative, and considerations when selecting
a target-date fund.
Transforming Social Security into Winning Retirement Strategies
CE Credits: 1.0 Insurance, CFP, CIMA/CIMC, CLU/ChFC, CPE/CPA
This seminar will provide a comprehensive overview of how Social Security benefits
work for individuals and spouses, address the key considerations for determining
when benefits should commence.
Roth OpportunitiesCatching the Wave: 401(k)s and IRAs
CE Credits: 1.0 Insurance, CFP, CIMA/CIMC, CLU/ChFC, CPE/CPA
This seminar will provide a comprehensive overview of both Roth IRA
and 401(k) plans and actionable ideas for positioning assets to help
clients create effective strategies for funding their retirement
and wealth transfer goals.
DC Edge—a quarterly publication for retirement plan advisors featuring best practices and strategies of top DC advisors