Two pieces of news provide a flicker of hope amid the doom and gloom.
NEW YORK, September 4, 2014 — The Guardian Insurance & Annuity Company, Inc. (GIAC), a wholly-owned subsidiary of The Guardian Life Insurance Company of America® (Guardian), today announced the addition of 21 new investment options to The Guardian Choice® and The Guardian Advantage® investment option lineups. These enhancements increase the flexibility and breadth of asset classes for plan sponsors using these products to fund their qualified retirement plans.
The additions include offerings from new fund families such as American Funds, Morgan Stanley Investment Management, Natixis Funds, OppenheimerFunds and Putnam Investments as well as ones from existing fund families, including Vanguard, MFS, Franklin Templeton Investments and Invesco. With these news funds, The Guardian Choice® now totals 138 funds while The Guardian Advantage® has 111.
“The investment options in our group retirement product line-up offers a large selection of investment options across the risk/reward spectrum that are managed by some of the most well-recognized investment managers in the industry,” said Douglas Dubitsky, Vice President at Guardian Retirement Solutions™. “With multiple qualified default investment alternative (QDIA) options and no proprietary fund requirements, GIAC’s group retirement funding vehicles allow plan sponsors to select from a diverse and flexible fund line-up best suited to meet the needs of their plan participants.”
Guardian Retirement Solutions™ is a leading provider of group retirement products in the micro- to small-plan market, helping plan sponsors, plan participants and the financial professionals who serve them optimize the retirement planning process. For more information, please visit 401k.GuardianLife.com.