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.
Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
FDA Walks Back Positive Lab Test in Lettuce Cyclospora Outbreak 
New Jersey Insurance Agents Are Not Exempt From Consumer Fraud Act: High Court 
