Products April 5, 2010
AUL Offers Stable Value Investment Option
American United Life Insurance Company (AUL) has launched the AUL Stable Value Account for select AUL participants.
Reported by Rebecca Moore
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.
You Might Also Like:
Product & Service Launches – 3/28/24
Guardian Life adds new RILAs; Voyant offers advisers retirement planning analysis for clients; ADP partners with Summer on SECURE 2.0...
Empower Announces Suite of Guaranteed Income Solutions For Retirement Plans
Empower plans to distribute the four new offerings through advisers and consultants.
Why Advisers Should Think of Social Security as a Fixed Asset Class
A retirement plan adviser is pushing the industry to consider Social Security’s place as a fixed asset for U.S. workers—and...
« Former ERIC Chair Joins Covington’s Benefits and Compensation Practice