Guardian Retirement Solutions™ expands retirement lineup by 15
NEW YORK, N.Y., Aug. 31, 2015 — 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 15 new investment options to The Guardian Choice® and The Guardian Advantage® lineup of retirement products. The additional options 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 Pioneer and Virtus, as well as ones from existing fund families, including T. Rowe Price, BlackRock and Wells Fargo. Health and technology sector funds from Janus have also been added. These new offerings increase the total number of funds available in The Guardian Choice® to 135 and in The Guardian Advantage® to 108.
“Guardian is committed to offering the best product solutions for plan participants from world-class investment managers in the financial industry,” said Douglas Dubitsky, Vice President at Guardian Retirement Solutions™. “By offering a robust portfolio of investment options, Guardian Retirement Solutions™ is addressing the diverse needs of plan sponsors in the micro- and small-plan markets who are seeking a broad selection of fund choices for their plan participants.”
In addition, the Stadion Maximum Growth Portfolio has been added to the QDIA Managed Account Service provided by Stadion Money Management LLC (Stadion). The new portfolio is designed to give younger, less risk-averse investors the potential to capture more market gains while still being defensively managed to provide downside protection in severe down markets. The addition of the Stadion portfolio further broadens the investment options available to participants in The Guardian Choice® and The Guardian Advantage® plans.
With multiple qualified default investment alternative options and no proprietary fund requirements, GIAC’s retirement products allow plan sponsors to select from a diverse and flexible investment option lineup 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.