Products April 5, 2011

Securian Adds American Funds to Investment Platform

Securian Retirement added six American Funds to separate account investment options through its qualified retirement plans.
Reported by
Effective March 1, six Class R-5 investment options became available for Securian retirement plans. They are:
  • American Funds The Investment Company of America,
  • American Funds The Growth Fund of America
  • American Funds New Perspective Fund
  • American Funds New World Fund
  • American Funds Capital World Bond Fund 
  • American Funds US Government Securities Fund 
With these additions, Securian offers 110 investment options from 37 fund managers. 
Deals & People April 5, 2011

United Retirement Plan Consultants Set to Expand

A newly privatized third-party administrator (TPA) has completed the implementation of a technology platform and administrative business model in its nation-wide network.   
Reported by

United Retirement Plan Consultants was formed earlier this year when Stonehenge Partners acquired National Investment Managers (see “National Investment Managers Sold to Stonehenge”).  As a combined entity, United Retirement administers approximately 10,000 retirement plans with $11 billion in assets through its 18 local affiliates in 15 states.

John M. Davis has been named President and Chief Executive Officer and has built a management team based in Dublin, Ohio.

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“We now have a team of 340 networked associates across the United States, who deliver client services on a local level, but are supported by the expertise and services offered by our national network of pension professionals through our state of the art platform and tools,” Davis said.

United Retirement is planning to add sales consultants across the country.

“Our goal is to extend our distribution reach and help more plan sponsors create a tax efficient retirement plan benefit for themselves and their employees. There is much more to designing and implementing a retirement solution than implementing a 401(k) plan,” Davis added.

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