Products April 7, 2009

AARP Offers Benefits Services for Small Businesses

AARP Services, Inc., has launched a new initiative designed to assist small business owners with group health insurance, retirement planning, and payroll services.
Reported by

Small Business Services from AARP Services, Inc., a wholly owned subsidiary of AARP, is being test-marketed in Chicago and Tampa, Florida. A news release said the service will provide small businesses with access to a set of health insurance plans, retirement plans, and payroll services, as well as educational resources to help them manage their business. Other markets may be added later in the year, the company said.

The Small Business Services benefits package includes health and disability insurance options through United Healthcare, 401(k) retirement plans from AARP Financial Inc. (see “AARP Financial Chooses DST for Recordkeeping Services“), and payroll solutions from Intuit. Small business owners will also receive access to information through a Small Business Services Web site, www.aarpfinancial.com/smallbiz, designed to help them make informed decisions about what products are right for them and their employees.

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“A major goal of Small Business Services is also to provide educational tools and support to help small business owners understand the best approach to take when offering health, retirement, and payroll solutions,” said John Wider, president and CEO of AARP Services, Inc., in the release.

Small business owners are not required to be members of AARP to access the program.

 

More information is available by calling 866.296.9489.

 

Products April 7, 2009

Claymore Offers Two More ETFs

Claymore Investments, a Canadian exchange-traded fund (ETF) provider, has launched two foreign-equity-based ETFs.
Reported by

A Claymore news release identified the new offerings as the Claymore Broad Emerging Markets ETF and the Claymore US Fundamental Index.

The Claymore Broad Emerging Markets ETF has been designed to provide investors with exposure to the return and performance of an Emerging Markets Benchmark Index, such as the MSCI Emerging Markets Index, net of expenses. The ETF is currency-hedged to help reduce the foreign currency exposure risk, the release said.

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Meanwhile, the Claymore US Fundamental Index ETF (non-hedged) adds to Claymore’s Fundamental Index ETF family. The ETF is based on the FTSE RAFI Fundamental Indexes, which are non-market capitalization weighted indexes and provides exposure to the U.S. core equity markets.

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