Products February 21, 2013

ING Offers Savings Benchmarking Tool

February 21, 2013 (PLANSPONSOR.com) – ING U.S. has expanded its suite of retirement saving, planning and education resources with a new Web-based financial benchmarking tool.
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ING My Savings Score is a self-service tool, available to the public at INGMySavingsScore.com, that allows users to compare their current savings to a prescriptive target, based on age and annual income.   

After entering their age, income and retirement savings information, individuals are shown a personalized savings score that reflects the amount of their retirement savings as a multiple of their annual income. ING My Savings Score also gives users a side-by-side comparison to a benchmark that suggests how much they should estimate having saved for retirement today. This benchmark, or target score, is calculated from a table of aged-based savings factors using certain assumptions.  

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After receiving their score and some basic tips, the ING My Savings Score site lets individuals connect to more information and planning tools from ING U.S. if they are interested.  

ING U.S. launched the ING My Savings Score tool in conjunction with America Saves Week, which takes place February 25 – March 2 (see “Campaign Provides Employee Education Opportunity”). 
Products February 21, 2013

SsgA Introduces Low Volatility ETFs

February 21, 2013 (PLANSPONSOR.com) – State Street Global Advisors (SSgA) announced the availability of the SPDR Russell 2000 Low Volatility ETF (SMLV) and the SPDR Russell 1000 Low Volatility ETF (LGLV).
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The exchange-traded funds (ETFs) are designed to provide investors with exposure to small and large cap equities while managing risk.  

The SPDR Russell 2000 Low Volatility ETF seeks to track the performance of the Russell 2000 Low Volatility Index. The index is composed of low volatility stocks from the Russell 2000 Index based on volatility from the previous 252 trading days. The index is then optimized to provide low volatility small cap exposure while managing turnover and neutralizing other factors, such as beta and momentum.The index is reconstituted monthly to maintain its focus on low volatility securities, and as of January 31, 2013, included approximately 164 securities. The SPDR Russell 2000 Low Volatility ETF’s expense ratio is 0.25%.  

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The SPDR Russell 1000 Low Volatility ETF seeks to track the performance of the Russell 1000 Low Volatility Index. The index is composed of low volatility stock from the Russell 1000 Index based on volatility from the previous 252 trading days. The index is then optimized to provide low volatility large cap exposure while managing turnover and neutralizing other factors, such as beta and momentum.The index is reconstituted monthly, and as of January 31, 2013, included approximately 95 securities. The SPDR Russell 1000 Low Volatility ETF’s expense ratio is 0.20%.  

More information is at www.spdrs.com.

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