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Products September 17, 2007
Securian Retirement Unveils Suite of Target Date Funds
September 17, 2007 (PLANSPONSOR.com) - Securian
Retirement has come out with target date funds that use an
employee's age rather than their expected retirement
age.
Reported by Adrien Martin
According to a press release, employees only need to know their age to manage the investments in Securian Retirement’s TargetAge.
“Some investment programs assume employees will retire on the date of their choosing, but don’t acknowledge that retirement dates can change,” said Bruce Shay, senior vice president, Securian Retirement, in the press release. “When employees’ dreams of early retirement don’t come true, they’re stuck with financial plans that don’t meet their needs,” he added.
The suite of products allows employers to select
automatic plan features that suit their workforce; a
risk-based approach or an age-based approach.
For more information visit
www.securian.com
.