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.
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
Florida Board Drafting Rules That Could Stem Bogus Engineering Reports in Claims 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
Why Power Outages Do More Economic Damage Than We Think 
