Products March 25, 2004
Principal Offers Registered DB Product
March 25, 2004 (PLANSPONSOR.com) - The Principal
Financial Group is rolling out a new registered defined
benefit product.
Reported by Eric Hazard
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.