According to a press release, UNIFI Retirement Advantage Elite is a new addition to the UNIFI Retirement Advantage Series of retirement plans’ group annuity products issued by Ameritas Life Insurance Corp. and The Union Central Life Insurance Company.
“Advantage Elite is sophisticated, yet easy to understand,” says Drew Powers, Vice President, Retirement Plans, in the announcement. “For example, there is complete fee transparency. There is only one asset management fee charged against the plan’s assets, eliminating much of the confusion associated with so many retirement plans’ fee structures.”
According to the firm, Advantage Elite’s clients benefit from a Client Relationship Manager who coordinates all aspects of the retirement plan, “ensures the smooth transition to UNIFI Retirement Plans’ on-going service team, and serves as a valuable asset to plan sponsors in helping them satisfy important fiduciary responsibilities.” All products in the UNIFI Retirement Advantage Series make available three fiduciary resources: Fiduciary Handbook, Fiduciary Investment Safeguard and Portfolio Playbook.
Ed Deeds, Vice President, Retirement Plans Sales, points out that, “Along with its simplicity of fee transparency, Advantage Elite broadens our advisors reach into the retirement plans market. It’s a product that can fully serve the Retirement Plans advisor, whether commission-based or fee-based RIA (Registered Investment Advisor) sales.”
The UNIFI Retirement Advantage Series also includes UNIFI Retirement Advantage Select, a group annuity. Both products feature what UNIFI calls “favorable service and support, an investment platform that is strong and diverse, and a rigorous process for the selection and monitoring of funds.”