Personnel changes happening at OneAmerica

The Chronic Care Rider is also very easy to use once the insured is certified as permanently chronically ill.  Policyholders are not required to submit receipts or a care plan for claim reimbursement, and policyholders can decide how their monthly claim payments are spent.  The benefits may be used – for at-home care, a nursing home stay, or even to help supplement the needs of family members who are spending time providing care — no receipts or plan of care needed. 

The Guardian Insurance & Annuity Company, Inc. (GIAC), a wholly-owned subsidiary of The Guardian Life Insurance Company of America (Guardian), announced the addition of Federated Investors Inc.’s (Federated) Capital Preservation Fund to The Guardian Choice and The Guardian Advantage fund line-ups.

By including the Fund in these retirement products, GIAC is aiming to provide new investment options and an expanded breadth of asset classes for plan sponsors and participants who utilize GIAC’s  group retirement products as the funding vehicle for their qualified plan.

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The Federated’s Capital Preservation Fund is a value fund aimed at preserving principal and generating high current income by investing in guaranteed investment contracts, money market mutual funds, and other stable value products.  Stable value funds are an asset class for 401(k) plan participants who seek preservation of principal, particularly in a turbulent market environment.

The inclusion of the Federated’s Capital Preservation Fund in The Guardian Choice and The Guardian Advantage products comes on the heels of several other major fund enhancements to these products. In September, GIAC announced the addition of 24 new investment options to The Guardian Choice and five new investment options to The Guardian Advantage, providing a larger and more diverse range of investment options for the micro- to small-plan market.

Individuals can now sign up to save for retirement in minutes with a text message with quick enrollment through Principal Financial Group.

Quick enrollment allows individuals to send a text message or access the mobile-friendly website to enroll in their employer’s retirement plan. Once individuals have chosen their contribution amount by text message or the quick enrollment website, new participants can then select their investment elections online or by phone. This can be done at the same time or at a time convenient for the individual.

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Russell Investments made a series of asset allocation changes in several U.S. retail funds in responce to expected global market conditions in 2014. The shifts in allocations to fixed income, U.S. equity, international equity and alternative asset classes took effect in January and will include the Russell LifePoints Funds, Target Portfolio Series and Russell Core Model Strategies.

The reallocation decisions are outlined as such:

• Fixed income: Reallocate assets from core bond exposures (Russell Strategic Bond Fund and Russell Investment Grade Bond Fund) to equities and global high yield bonds that represent a higher return potential with corresponding increase in risk;
• U.S. equity: Increase overall exposure to U.S. equity, with a majority of this increase going to the small capitalization equity allocation, in an effort to compensate for the lower return expectations of fixed income markets;
• International equity: Take a more targeted approach to our non-U.S. equity exposure with an emphasis on emerging markets and adjustments within global equity allocations;
• Alternatives: Change the real asset composition by decreasing commodities and increasing infrastructure allocations in an effort to maintain non-U.S. exposure levels while also offering higher return potential.

NBCUniversal and ING U.S., Inc. (NYSE: VOYA), launched a cross-portfolio, multiplatform sponsored initiative to encourage a national conversation about financial education, including the important topic of retirement readiness. Through April 2014, this interactive program will engage NBCUniversal viewers and run on-air and online across the NBCUniversal News Group and the NBCUniversal Sports Group brands.