For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products October 6, 2008
Security Benefit Adds American Funds to Retirement Platform
October 6, 2008 (PLANSPONSOR.com) - Security Benefit
is adding five mutual funds from American Funds to the SFR
Program, a group retirement platform for 403(b)(7), 457(b),
and 401(k) plans.
Reported by
Rebecca Moore
According to a press release, the funds that will be added to the program include American Funds EuroPacific Growth, American Funds Capital World Growth and Income, American Funds Fundamental Investors, American Funds The Growth Fund of America, and American Funds The Income Fund of America. Security Benefit says the SFR Program is its fastest growing product in the K-12 market.
The SFR Program is designed for use by educational, corporate, governmental and non-profit employers. Among its features are:
- A multi-manager mutual fund platform of investments;
- Competitive pricing;
- Fiduciary tools for plan sponsors including Investment Practices Statement, Continuous monitoring of fund performance, Updating and replacement of underperforming investments, and Quarterly report card;
- A complete suite of services for employees through Morningstar Associates, including Morningstar Learning Station, Target Portfolios Powered by Morningstar, Managed by You, and Managed by Morningstar; and
- Support from independent local financial representatives.
More information can be obtained by calling Security Benefit’s National Service Center at 1-800-888-2461.
You Might Also Like:
TIAA Retirement Solutions CEO Steps Down
Kourtney Gibson left the company on September 30, and her successor has yet to be named.
ERISA 403(b) Employer Contributions More Than Doubled From 2009 to 2023
Plan costs declined by 23 basis points over the same period.
Senate Asked by IRI to Pass 403(b) Investments Bill
The Retirement Fairness for Charities and Educational Institutions Act would give 403(b) participants access to investments in collective investment trusts....
