Russell Investments Expands Distribution of Adaptive Retirement Accounts

OneAmerica to make customized managed accounts available to DC plan sponsors

SEATTLE and INDIANAPOLIS (July 18, 2018) — Global asset manager Russell Investments announced an agreement today with OneAmerica® to distribute Russell Investments’ Adaptive Retirement Accounts (ARA) on behalf of defined contribution plan clients.

The managed account option will be available to the OneAmerica open architecture trust business, which includes U.S. corporations, nonprofit organizations and public-sector entities. “This alliance with Russell Investments to bring ARA to the OneAmerica platform means a customized solution for individual retirement plan participants and more options for retirement plan sponsors,” said Terry Burns, assistant vice president of Products and Investments for OneAmerica Retirement Services.

“It’s a new option to help participants optimize their pursuit of retirement income.” “ARA may be desirable for participants who could benefit from a more customized investment strategy designed to increase the likelihood of achieving their targeted replacement income in retirement,” said Andrew Scherer, senior director, defined contribution, Russell Investments. “ARA can be seen as the next generation of default solutions because it not only takes into account factors unique to an individual, but it also has the ability, through our online tool, to take into consideration retirement accounts and assets that are outside of the employer’s retirement plan. At the end of the day, many participants want cost-effective guidance on how to achieve their retirement goals ― and we seek to deliver this through ARA.”

ARA Option Available in Q4 2018

The ARA option is scheduled to be available in the fourth quarter 2018 to new clients and existing clients.
Managed accounts are personalized investment portfolios tailored to the specific needs of the account holder and are increasingly desired by retirement plan advisors and sponsors who are looking to provide an added layer of guidance for participants. Unlike target date funds, a managed account looks at factors beyond a participant’s age and target retirement date, such as gender, salary, current account holdings, contribution rate, market experience and additional retirement assets held outside of the managed account.

Each participant’s customized asset allocation is assessed quarterly and adjusted as needed based on progress toward his or her targeted retirement income goal.

This alliance with Russell Investments to bring ARA to the OneAmerica platform means a customized solution for individual retirement plan participants and more options for retirement plan sponsors

OneAmerica® is the marketing name for the companies of OneAmerica. Russell Investments is not an affiliate of the companies of OneAmerica.

Products issued and underwritten by American United Life Insurance Company® (AUL), a OneAmerica company. Administrative and recordkeeping services provided by McCready and Keene, Inc. or OneAmerica Retirement Services LLC, companies of OneAmerica which are not broker/dealers or investment advisors. # #




About OneAmerica
A national leader in the insurance and financial services marketplace for more than 140 years, the companies of OneAmerica help customers build and protect their financial futures. OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit OneAmerica.com/companies. About Russell Investments With more than 80 years of experience, Russell Investments is a global investment manager, dedicated to helping investors reach their long-term goals. Russell Investments offers investment solutions in 31 countries, manages $298 billion in assets (as of March 31, 2018) and provides consulting services on $2.3 trillion in assets (as of Dec. 31, 2017). Russell Investments specializes in multi-asset solutions, scouring the globe to deliver the best investment strategies, managers and asset classes to its clients around the world. Headquartered in Seattle, Washington, Russell Investments operates globally with 21 offices, providing investment services in the world’s major financial centers such as New York, London, Tokyo and Shanghai. For more information about how Russell Investments helps to improve financial security for people, visit russellinvestments.com or follow @Russell_Invest.
Russell Investments Adaptive Retirement Accounts are a product of Russell Investments Capital LLC (“RICap”). The implementation of Adaptive Retirement Accounts in investors’ portfolios and related investment advice are provided through investment advisers and other financial intermediaries that are independent of RICap and its affiliates. The advice provided by RICap in Adaptive Retirement Planner is based on asset-class level assumptions only.
Adaptive Retirement Accounts are based on a quantitative model (the “model”). There can be no assurance that the model will enable the Adaptive Retirement Planner to achieve its objective. Models may be flawed or not work as anticipated.
Investing in an Adaptive Retirement Account involves risk; principal loss is possible. The principal value of the account is not guaranteed at any time.
Russell Investments is an independent organization and is not affiliated with OneAmerica.
Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management.
Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.
Russell Investments Financial Services, LLC, member FINRA, part of Russell Investments.