The Standard Expands Stable Value Product Suite

PORTLAND, Ore.--(BUSINESS WIRE)--Feb 8, 2024--

Standard Insurance Company (The Standard) has added to its APEX fund series with the new APEX Stable Asset Fund, available to new retirement plan recordkeeping clients on the company’s platform. The fund offers a guaranteed crediting rate that denotes the corporate and treasury rate environment, backed by the financial stability of The Standard.

The APEX Stable Asset Fund guaranteed rate is 4.5% from Jan. 1 through June 30, 2024, and resets semi-annually.

“The APEX Stable Asset Fund allows us to extend this competitive offering to more retirement plan clients including those considering The Standard recordkeeping platform,” said Jason Burlie, vice president of Retirement Plan Sales at The Standard.

The fund is available through defined contribution plans such as 401(k) and 403(b). It may not be available in all states. For more information, contact a representative at The Standard.

DISCLAIMER

This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendation under all securities laws, or an insurance product recommendation under state insurance laws or regulations. This material does not account for any specific objectives or circumstances of any specific investor or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances. Any guarantees under annuities issued by The Standard are subject to the company's claims-paying ability.

About The Standard

The Standard is a family of companies dedicated to helping customers achieve financial well-being and peace of mind. In business since 1906, we are a leading provider of financial protection products and services for employers and individuals. Our products include group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management and paid family leave services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit standard.com or follow us on Facebook or LinkedIn.

The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. Standard Retirement Services, Inc., provides financial recordkeeping and plan administrative services. Investment advisory services are provided by StanCorp Investment Advisers, Inc., a registered investment advisor. StanCorp Equities, Inc., Standard Insurance Company, Standard Retirement Services, Inc., and StanCorp Investment Advisers, Inc., are subsidiaries of StanCorp Financial Group, Inc., and all are Oregon corporations.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240208015468/en/

CONTACT: Bob Speltz

[email protected]

971.212.9549

KEYWORD: UNITED STATES NORTH AMERICA OREGON

INDUSTRY KEYWORD: PERSONAL FINANCE FINANCE PROFESSIONAL SERVICES INSURANCE HUMAN RESOURCES

SOURCE: Standard Insurance Company

Copyright Business Wire 2024.

PUB: 02/08/2024 09:00 AM/DISC: 02/08/2024 08:59 AM

http://www.businesswire.com/news/home/20240208015468/en

 

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