It’s all about the outcome. Invest in your participants’ future. Know the risks that will change their outcome. The only constant is change. Give them a solution that adapts to drive better retirement outcomes.
Northern Trust manages risk within our target date solutions to drive better retirement outcomes:
|Risk||Target Date Strategy|
|Market||Focus on downside protection with a de-risking strategy through age 75, 10 years after the target date|
|Inflation||Support purchasing power potential through a trio of asset classes sensitive to inflation - global real estate, commodities and U.S. TIPS|
|Longevity||Optimize growth potential to sustain income through retirement with a global weighted equity allocation|
If you are considering a custom target date solution, explore some key factors that may influence your decision.
Jim Danaher is a Senior Vice President and Managing Director of Defined Contribution Solutions at Northern Trust in Chicago. His primary responsibilities include directing the structure, implementation and maintenance of investment products for defined contribution plans. This includes managing research to identify new investment products, enhancing existing offerings, including target retirement date investments, and developing new distribution strategies to the marketplace.
He serves as a conduit between investment teams that include portfolio management and investment strategy, and Northern Trust’s distribution groups. He is a member of the Northern Trust Defined Contribution Investment Policy Committee, which oversees the management of the Northern Trust Focus Funds, Northern Trust's flagship target retirement date series. He guides Northern Trust’s ongoing defined contribution research series, the Path Forward, and continually authors research on defined contribution plans for Northern Trust's Asset Management publication, Point of View.
Prior to joining Northern Trust in 2008, Jim was an investment advisor with Aon Investment Consulting. His primary responsibilities included the sales and support of investment policy development, fund evaluation and management searches, and investment education strategies for qualified retirement plans.
He has more than 20 years of experience in providing guidance to plan sponsors for their defined contribution programs. He has testified before the ERISA Advisory Council’s Working Group on Financial Literacy of Plan Participants and the Role of the Employer. He has worked with several large employers in the financial services, hospitality and telecommunications industries. His largest client engagement to-date involved a defined contribution program with more than 200,000 participants. Jim attended St. Louis University and has attained his FINRA Series 6 and 63 registrations. He is a member of the Defined Contribution Institutional Investment Association.