Industrial Alliance makes improvements to ATTITUDE portfolios, the investment solution that evolves according to group pension plan members' life cycle and investor profile
Industrial Alliance is pleased to announce improvements to its ATTITUDE portfolios, the investment solution that combines two essential elements: life cycle and investor profile. Thanks to these improvements, group pension plan members have access to an enhanced turnkey option—one of the best on the market.
Improvements to ATTITUDE portfolios include:
- Wider choice of portfolios with more precise target retirement years
- Quarterly evolution and rebalancing (to the target) of asset allocation
- Integration of portfolio concept after retirement has begun
- Review of underlying funds and target composition by asset class
ATTITUDE portfolios, designed to optimize the investment strategy with total peace of mind, aim to maximize the growth potential of investments when a member is in the labour market and to automatically reduce the risk gradually as the member approaches retirement, in order to preserve capital.
"When we initially launched ATTITUDE portfolios, they were an innovative investment solution for group pension plan members," said Lucie Lachance, Senior Director of Actuarial, Marketing and Administration Services for Group Savings and Retirement. "By integrating quarterly evolution of the portfolios after retirement begins, our solution gives members an outstanding additional advantage. Now investments can continue to generate returns after retirement begins, while limiting risks due to market fluctuations."
In a constant effort to provide flexibility to its clients, Industrial Alliance continues to allow plan sponsors who want to address the specific needs of a group of members to build customized portfolios. Fund managers, funds, asset allocation, investor profiles and retirement dates can be determined by clients, according to their preferences.
Improvements to the ATTITUDE portfolios exemplify Industrial Alliance’s commitment to innovation, flexibility, accessibility and service.
About Group Savings and Retirement
Group Savings and Retirement offers a wide range of products and services adapted to the needs of group savings and retirement plan members. It offers savings products such as defined contribution plans, defined benefit plans and institutional money management, as well as disbursement products. It provides plan members with a large choice of investment options, such as segregated funds and guaranteed investments. Thanks to regional offices across Canada, the Group Savings and Retirement sector is rapidly expanding.
About Industrial Alliance
Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company with operations in all regions of Canada as well as in the United States. The company offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fourth largest life and health insurance company in Canada, Industrial Alliance contributes to the financial wellbeing of over three million Canadians, employs more than 3,900 people and manages and administers more than $70 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.
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