John Hancock Retirement Plan Services Expands Asset Allocation Offerings in JH Signature 401(k) Plan Platform
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"Over 78% of our participants invest in an asset allocation option.[1] Studies such as our recent Participant Outcomes Study show that asset allocation portfolios can offer better outcomes," said
The new options are:
- T. Rowe Price Retirement Funds – include actively managed target date funds with broad diversification. The funds maintain significant equity allocations based on proprietary asset allocation modeling and research. The allocations continue to shift for 30 years after the target retirement date and the portfolios consist mainly of actively managed T. Rowe Price funds.
- American Century One Choice Target Date Portfolios – provide broad asset class coverage and diversification with established strategies managed in house. The portfolios seek to mitigate volatility in retirement when market risk is most critical and the underlying asset mix shifts as retirement nears.
- JH Retirement through Managed Portfolios 2010-2055 – are an actively managed set of portfolios investing in passive underlying funds. Portfolios are designed to help support participants' need for income through their retirement years.
- JH Lifestyle-Managed Portfolios – offer participants broad diversification in a single actively managed fund, with passive, lower cost underlying funds.
- JH Lifestyle-Managed Volatility – includes a suite of five funds, designed with the objective to limit losses and maintain volatility within a target range during periods of high volatility.
The new options join the four existing asset allocation options already offered on the JH Signature platform, including our existing "to" and "through" retirement target date options, JH Lifestyle actively managed portfolios as well as the Guaranteed Income for Life Select portfolios. All of the newly added asset allocation portfolios will qualify under the JH Fiduciary Standards Warranty program and are available to new and existing JH Signature plans effective immediately.
About
John Hancock offers and administers a broad range of financial products, including life insurance, annuities,investments, 401(k) plans,long-term care insurance,college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.
To obtain group annuity investment option Fund sheets and prospectuses for each sub-account's underlying investment vehicle call 1-877-346-8378. These documents contain complete details on investment objectives, risks, fees, charges and expenses as well as other information about the underlying investment vehicle, which should be carefully considered. Please read these documents carefully prior to investing.
"The Outcomes of Participant Investment Strategies 1998-2012" is a commissioned study prepared for
There is no guarantee that any investment strategy will be successful in achieving its investment objectives and it is possible for an asset allocation Fund to lose all or part of its value. Past performance is no guarantee for future results.
Neither asset allocation nor diversification ensures a profit or protection against a loss. Asset allocation may not be appropriate for all participants particularly those interested in directing investment options on their own.
A Lifestyle or Lifecycle Portfolio ("Fund") is a "fund of funds" which invests in a number of underlying funds. The Fund's ability to achieve its investment objective will depend largely on the ability of the subadviser to select the appropriate mix of underlying funds and on the underlying funds' ability to meet their investment objectives. There can be no assurance that either a Fund or the underlying funds will achieve their investment objectives. A Fund is subject to the same risks as the underlying funds in which it invests.
Although Guaranteed Income for Life Select provides a guaranteed income base as well as guaranteed minimum withdrawal benefits, Guaranteed Income for Life Select investment options are variable investments and may lose value. The guarantees provided are contingent on the plan's trustee's election to continue maintaining its group annuity contract with John Hancock or the election of a participant to rollover his or her benefits to a recipient rollover vehicle available from John Hancock upon termination of participation in the plan. Guarantees of withdrawals provided under the "Guaranteed Income for Life Select" are supported by John Hancock's general account and are contingent on the claims paying ability of John Hancock and does not apply to the investment performance or safety of the underlying portfolios. Guarantees are subject to the limitations, terms, and conditions set forth in the Rider. An additional fee is charged for the guarantee.
Both
NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT INSURED BY ANY GOVERNMENT AGENCY
© 2014 All rights reserved.
GT-I24076-GE GA050614181558
[1] John Hancock Internal Data,
[2] The availability of Funds may be subject to Broker-Dealer Firm approval, State approval,
SOURCE John Hancock Retirement Plan Services
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