American United Life introduces OnePath News added by Benefits Pro on October 1, 2013

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Joined: September 07, 2011

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By Paula Aven Gladych

American United Life Insurance Co. has launched a new asset allocation program called OnePath Portfolios.

OnePath Portfolios offers plan sponsors three glide path choices in target-date portfolios managed by Mesirow Financial Investment Management Inc. and which are designed to match participants’ level of risk tolerance.

All three glide paths follow a “through retirement” methodology where the investment mix continues to adjust during retirement until the participant reaches age 75.

The portfolios provide varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed-income exposure based on participants’ target retirement dates in five-year increments.

Mesirow Financial will act as the 3(38) ERISA investment manager for the portfolios.

American United Life is a OneAmerica company and provides a portfolio of products for individuals, families and businesses.

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