Principal Offers Registered DB Product

March 25, 2004 ( - The Principal Financial Group is rolling out a new registered defined benefit product.

Principal Advantage – Defined Benefit offers plan sponsors and their advisors a mutual fund investment platform.   Included on the platform are mutual funds from Principal Investors Funds in addition to funds from several other mutual fund companies, according to a news release. 

Principal is offering the new product as an investment alternative to the non-registered pension product to complement Principal Advantage – Defined Contribution.