Putnam Investments CEO Bob Reynolds is calling for regulation that would limit the share of pure equity in the mature phase of lifecycle funds.

This is one of the proposals Reynolds will outline Wednesday in his keynote address in The 401kWire's Influencers' Summit: DC-iO Partnership at the Omni Shoreham Hotel in Washington, D.C. on Wednesday.

Last year, some lifecycle funds intended for people approaching or are already in retirement had more than half of their assets in equities. 

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