Advice by Ibbotson provides individualized and specific guidance on how much to save and where to invest retirement plan assets for participants through a graphical Web-based interface. Additionally, AUL has made the annual participant advice fee deductible from the participant’s account instead of billing the fee to the plan sponsor, according to a news release.
To use this service, registered users log on to AUL’s Retirement Services Web site and fill out a questionnaire about their personal investment goals and preferences. Using the information provided, Advice by Ibbotson gives investment recommendations tailored to the individual’s retirement goals.
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