The industry is recognizing a need for personalization of QDIAs using more participant inputs. Should plan sponsors consider using a managed account as their QDIA, or perhaps a hybrid option? Would new target-date fund (TDF) designs be better for participants? When would a balanced fund make sense as the QDIA? The Department of Labor (DOL) has issued an Information Letter sanctioning the use of private equity in asset allocation vehicles. What should plan sponsors consider when determining if private equity is right for their plan?