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AIG Units Add Retirement Options

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AIG VALIC and AIG SunAmerica are giving customers more choices.

AIG VALIC, Houston, an arm of American International Group Inc., New York, now is offering its Guided Portfolio Services independent advice and managed accounts program to retirement plan participants who are receiving retirement income as well as to participants who are building assets.

One of AIG VALIC’s sister companies, AIG SunAmerica Retirement Markets Inc., Los Angeles, has started offering small plan administration services from Plan Administrators Inc., De Pere, Wis., to employers that adopt its Polaris401(k) program.

PAi can offer “age-weighted,” “new comparability” and “super new comparability” plan designs as well as safe harbor plan designs, AIG SunAmerica says.