Standard Insurance Co., a Portland, Ore.-based subsidiary of StanCorp Financial Group Inc., has created a new retirement savings tool, Portfolio Progression, for retirement plan participants.
Portfolio Progression has been designed to create a personal investment strategy based on a participant’s individual risk tolerance and target retirement age. The service automatically transitions the participant’s retirement portfolio to increasingly conservative allocations between the date of enrollment in the service and the target retirement age. A questionnaire completed by each participant helps determine which asset allocations to choose as a starting portfolio.
For more information, visit www.standard.com.
Was this article valuable?
Here are more articles you may enjoy.
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Insurance IPOs Hit 20-Year High on Wall Street 
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
NTSB to Decide Probable Cause of Baltimore’s Key Bridge Collapse This Week 
