JPMorgan Asset Management launched a platform to help advisers and plan sponsors identify and evaluate target-date funds.

The Target Date Navigator is designed to categorize target-date funds, those created by JPMorgan and by other fund providers, according to an adviser's investment composition and strategy. It creates a "map of the target date fund universe," the New York company said Tuesday.

The Target Date Navigator should also help advisers and plan sponsor clients ensure that fiduciary responsibilities are being addressed and that plans are compliant with qualified default investment alternative guidelines, the company said.

JPMorgan Asset Management said it is in discussions with a group of advisers and plan sponsors to begin offering the platform this month.

The JPMorgan Chase & Co. unit had $1.2 trillion of assets under management as of June 30.

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