Winnipeg-based Great-West Life Assurance Co. added 12 new funds to its group retirement plan selection on Thursday.<\/p>\n
Four of the new funds are unique to the group retirement industry, according to Great-West Life, in that they are multi-manager asset class funds providing group plan members with more diversification within a fund.<\/p>\n
The four funds include:<\/p>\n
The funds are meant to simplify investment options for employees who might feel overwhelmed in having to select several different funds, states Great-West Life, and also to streamline investment choices for employers offering defined contribution plans.<\/p>\n
Great-West Life also launched eight new fixed-income and equity funds for group plan members who want more control over investment decisions in their plans.<\/p>\n
The new income funds are as follows:<\/p>\n
The four new equity funds include:<\/p>\n
Great-West Life is a unit of Great-West Lifeco Inc. (TSX:GWO<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"