Survey: Retirement savers increasingly seeking advice

More than half of retirement savers are seeking professional advice on portfolio allocations, particularly with regard to target-date funds, and that figure is expected to rise substantially in the next three years, according to a Vanguard survey. A separate survey claims that savers who use a TDF are less likely to overreact to changing market and economic conditions, although the funds are not without their critics in the advisory industry.

CNBC (7/3)