AUL Offers Stable Value Investment Option

American United Life Insurance Company (AUL) has launched the AUL Stable Value Account for select AUL participants.

With the AUL Stable Value Account, guaranteed interest is earned and backed by AUL’s general account assets and subject to the claims paying ability of AUL, the firm said. Participants also can transfer money into and out of the account without any restrictions.   

There is approximately $642 billion invested in stable value assets in more than 167,000 defined contribution plans, according to the Stable Value Investment Association, as cited by AUL.

More information is available here.