target date

Target-date funds would be great if fund managers could foresee the future. But because they can't, the actual returns from these products may be disappointing for many investors.

After months of testing its 3G MicroCell femtocell service in limited locations, AT&T on Wednesday announced plans to go national with the service.

The target date for initial rollout is mid-April.

Twitter has suspended its new retweet function.

Now, this takes me back.

When I started writing about technology this stuff was commonplace. A software company would announce a new version or a new package, its target date would come and go and then it would be released as buggy as anything.

Windows itself didn't get it right until version 3.1 (3.0 caught the imagination of the market, 3.1 worked a load better).

Once promoted as a safe way for unsophisticated investors to glide to a safe landing in retirement, target-date mutual funds are being criticized for heavy losses.

Morningstar Inc. said Wednesday it is launching ratings and detailed reports on target-date funds. The style of mutual funds have been criticized for losing significant value as the stock market deteriorated last year even though they were sold as safe investments for retirement.