Ascensus Announces Spring 2024 Launch of American Funds PEP Solution

Ascensus, in collaboration with Capital Group, is excited to announce the upcoming launch of the Ascensus | American Funds Pooled Employer Plan (PEP) solution in spring 2024. This partnership aims to provide significant benefits and flexibility to savers, ensuring a full product continuum to meet customer needs. With the American Funds PEP, participants will have access to the unique American Funds Target Date Plus, powered by Morningstar Investment Management LLC, as a qualified default investment alternative. This investment solution offers a more personalized portfolio matching a participant's financial needs, going beyond the traditional age-based target-date fund allocation. Read on to discover the details of this exciting development in the retirement industry.

Introducing the Ascensus | American Funds Pooled Employer Plan

Learn about the collaboration between Ascensus and Capital Group to offer the innovative Pooled Employer Plan solution.

Ascensus and Capital Group have joined forces to introduce the Ascensus | American Funds Pooled Employer Plan (PEP) solution, set to launch in spring 2024. This collaboration aims to provide savers with a comprehensive retirement plan that offers flexibility and a wide range of benefits. With the American Funds PEP, participants will have access to unique investment options, including the American Funds Target Date Plus, powered by Morningstar Investment Management LLC.

The Ascensus | American Funds PEP solution is designed to go beyond the traditional target-date fund allocation determined solely by age. By incorporating the American Funds Target Date Plus, participants can benefit from a more personalized investment portfolio that aligns with their specific financial needs. This innovative approach takes into account factors beyond age, ensuring a tailored investment strategy for each participant.

The Benefits of the American Funds Pooled Employer Plan

Discover the advantages and flexibility offered by the American Funds Pooled Employer Plan.

The American Funds Pooled Employer Plan brings several key benefits to participants. One of the standout features is the inclusion of the American Funds Target Date Plus as a qualified default investment alternative. This investment solution takes into account a participant's financial needs, providing a more accurate portfolio allocation compared to traditional target-date funds.

Additionally, the Ascensus | American Funds PEP solution offers a full product continuum to meet the diverse needs of savers. Participants can choose from a wide range of investment options, allowing them to customize their portfolios based on their risk tolerance, financial goals, and preferences. This flexibility ensures that participants have the tools they need to achieve their retirement objectives.

The Role of Wilshire Advisors in the American Funds Pooled Employer Plan

Learn about the important role played by Wilshire Advisors in the American Funds Pooled Employer Plan.

Wilshire Advisors LLC serves as the 3(38) investment fiduciary for the American Funds Pooled Employer Plan. As a trusted partner, Wilshire Advisors brings expertise and experience in managing investment decisions for the plan. Their role is to act in the best interest of the participants, ensuring that the investment options offered within the plan are carefully selected and monitored.

By partnering with Wilshire Advisors, Ascensus and Capital Group demonstrate their commitment to providing participants with a robust and well-managed investment lineup. This collaboration helps to instill confidence in participants, knowing that their retirement savings are being overseen by a dedicated team of investment professionals.

Allspring Global Investments' Custom SMA Portal

Explore the features and benefits of the custom SMA portal offered by Allspring Global Investments.

Allspring Global Investments has launched a custom SMA portal designed to empower financial advisors and provide them with a streamlined investment solution. The portal is an extension of Remi, Allspring's multi-asset, custom SMA and direct indexing platform.

With the custom SMA portal, financial advisors can input client preferences and receive tailor-made investment proposals based on their clients' financial goals, risk profile, and tax considerations. This personalized approach allows advisors to create customized portfolios that meet the unique needs of their clients, ensuring a more effective and efficient investment strategy.

Capital Group's Your Growth Plan

Discover how Capital Group's Your Growth Plan can help financial professionals thrive in a competitive environment.

Capital Group has launched Your Growth Plan, an adviser benchmark service designed to help financial professionals unlock their growth potential. This service utilizes insights from Capital Group's multi-year national adviser benchmark study, 'Pathways to Growth'.

Financial professionals can fill out a survey and receive a personalized report based on their responses. The report includes strategies to leverage key growth drivers, along with strengths and areas of opportunity. By utilizing this service, financial professionals can gain valuable insights to enhance their practice management behaviors and drive practice growth.

Breckinridge Capital Advisors' Custom Bond Investment Options

Learn about the custom bond investment options offered by Breckinridge Capital Advisors.

Breckinridge Capital Advisors now offers customizations comprised of bonds selected from investment-grade issuers. These customizations include the Net Zero Customization, Tax-Efficient Climate Vulnerability Customization, and Tax-Efficient Community Needs Customization.

The Net Zero Customization focuses on allocating capital to bonds issued by corporations committed to achieving net zero greenhouse gas emissions. The Tax-Efficient Climate Vulnerability Customization directs capital to issuers facing heightened physical climate risk, while the Tax-Efficient Community Needs Customization supports infrastructure projects in underserved areas.

Blueprint Income's Fixed-Index Annuities

Discover the benefits of fixed-index annuities offered by Blueprint Income.

Blueprint Income now offers fixed-index annuities on its curated marketplace. These annuities provide a blend of stability and growth potential, making them an attractive option for investors seeking financial security in retirement.

With fixed-index annuities, customers have access to growth potential while also receiving protection from market volatility. These annuities offer tax-deferred growth and other benefits, ensuring a secure and reliable income stream during retirement.

Conclusion

The partnership between Ascensus and Capital Group to offer the Ascensus | American Funds Pooled Employer Plan solution marks an exciting development in the retirement industry. This innovative program provides participants with a wide range of benefits and flexibility, including access to the unique American Funds Target Date Plus as a qualified default investment alternative. With the expertise of Wilshire Advisors as the investment fiduciary, participants can have confidence in the management of their retirement savings.

Allspring Global Investments' custom SMA portal empowers financial advisors to create personalized investment strategies that meet their clients' unique needs. Capital Group's Your Growth Plan offers financial professionals valuable insights to enhance their practice management behaviors and drive practice growth. Breckinridge Capital Advisors' custom bond investment options provide investors with opportunities to align their portfolios with their values and support essential infrastructure projects. Blueprint Income's fixed-index annuities offer stability and growth potential for investors seeking financial security in retirement.

Overall, these developments highlight the commitment of industry leaders to providing innovative solutions and personalized approaches to help individuals achieve their retirement goals. By leveraging these offerings, savers can take control of their financial future and navigate the ever-changing landscape of retirement planning with confidence.

FQA :

What is the American Funds Pooled Employer Plan?

The American Funds Pooled Employer Plan (PEP) is a retirement plan solution offered by Ascensus and Capital Group. It provides participants with a comprehensive range of benefits and investment options, including the unique American Funds Target Date Plus.

What is the role of Wilshire Advisors in the American Funds Pooled Employer Plan?

Wilshire Advisors serves as the 3(38) investment fiduciary for the American Funds Pooled Employer Plan. They are responsible for carefully selecting and monitoring the investment options offered within the plan to ensure the best interests of the participants.

How can financial advisors benefit from Allspring Global Investments' custom SMA portal?

Allspring Global Investments' custom SMA portal allows financial advisors to input client preferences and receive tailor-made investment proposals based on their clients' financial goals, risk profile, and tax considerations. This empowers advisors to create customized portfolios that meet their clients' unique needs.

What is Capital Group's Your Growth Plan?

Capital Group's Your Growth Plan is an adviser benchmark service that helps financial professionals unlock their growth potential. It provides personalized reports based on a survey, offering strategies to leverage key growth drivers and enhance practice management behaviors.

What are the custom bond investment options offered by Breckinridge Capital Advisors?

Breckinridge Capital Advisors offers customizations comprised of bonds selected from investment-grade issuers. These customizations include the Net Zero Customization, Tax-Efficient Climate Vulnerability Customization, and Tax-Efficient Community Needs Customization.

What are the benefits of Blueprint Income's fixed-index annuities?

Blueprint Income's fixed-index annuities offer a blend of stability and growth potential. They provide investors with protection from market volatility, tax-deferred growth, and a reliable income stream during retirement.

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