Guardian Enhances Fund Lineup

The Guardian Insurance & Annuity Company has added to its fund line-up and focus list options for plan sponsors who use The Guardian Advantage or The Guardian Choice as the funding vehicle for their retirement plan.

GIAC recently announced the availability of SWBC Investment Advisory Services LLC (SWBC) fiduciary support services for plan sponsors. As part of that new service, plan sponsors who utilize The Guardian Advantage or The Guardian Choice can now choose from one of two focus lists of investment options or customize the menu of investment options for their plan.   

The new Core Focus list has an emphasis on actively managed investment options complemented by a selection of index-based investments. The new Passive Focus List has an emphasis on index-based, passively managed investment options with a lower expense ratio.  

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

Additionally, the Plan Trustee Customized List offers sponsors a choice of investment options based on the needs of their plan. These options have been structured to meet the diversification requirements of ERISA Section 404(c) and come with SWBC’s written commitment of its fiduciary investment advisory obligations, the announcement said.  

The Guardian Advantage fund line-up will expand by 23 new investment options for a total of 79 and The Guardian Choice fund line-up will add 28 options for a total of 84.

«