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Nationwide To Offer VUL Asset-Allocation Portfolios

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Units of Nationwide Financial Services Inc. have introduced a program that can help purchasers of variable universal life insurance policies choose their investments.[@@]

Nationwide, Columbus, Ohio, will be using a program from Ibbotson Associates Advisors L.L.C., Chicago, to help customers analyze their tolerance to risk and choose 1 of 5 Nationwide Allocation Architect asset-allocation models designed for customers with 5 different levels of risk tolerance.

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Nationwide’s Nationwide Investment Services Corp. unit will be offering the service to holders of some VUL products issued by the company’s Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company units.