Fiduciary Watch Dogs give Securian Retirement High Rankings
PR Web |
Securian Retirement’s process for selecting investment options for its qualified retirement plans received the CEFEX certification from the
CEFEX is an independent organization that assesses the risk and trustworthiness of investment fiduciaries. Its certification recognizes that Securian Retirement adheres to the industry’s best practices for service providers.
In addition, Securian continues to maintain Investment Fiduciary Leadership Council’s(IFLC) highest ranking for the third straight year for meeting high standards for prudent fiduciary process.
IFLC continuously updates is rankings of hundreds of companies that provide services to pension plans, foundations, and endowments. The rankings are based on the extent to which IFLC's researchers find the processes used by investment advisors, investment managers, record keepers, third party administrators, and service providers in non-traditional categories are suitable for supporting fiduciary organizations.
“The CEFEX certification and the five star ranking from the IFLIC assure plan sponsors that Securian is well-equipped to help them meet their fiduciary duties under ERISA,” said
Securian Retirement’s qualified plan products are offered through a group variable annuity contract issued by
Since 1880,
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