Retirement Designation Gets Accredited
The Certified Retirement Counselor (CRC) designation has been accredited by the National Commission of Certifying Agencies.
The International Foundation for Retirement Education offers the CRC certification. The foundation established the designation in 1999 and developed it with the Center for Financial Responsibility at Texas Tech University. For more information, visit www.infre.org.
HighMark Fund Family Expands
The North Track mutual fund family is being reorganized to become part of the HighMark Fund family.
With the reorganization, shareholders of four North Track mutual funds, collectively valued at $614 million, will be transferred to the newly organized HighMark Funds, administered by HighMark Capital Management Inc. In addition, HighMark is launching a small-cap mutual fund based on Geneva Capital Management Ltd.'s institutional small-cap management style.
Genworth Financial Introduces New Policy
Genworth Financial Inc. has introduced a universal life insurance policy that it says is very competitive with term life.
Colony Term UL provides coverage for specified durations of 10, 15, 20 or 30 years, maximum issue ages five to 15 years higher than in typical term-life products, and premium payment flexibility that is typical of universal life policies.
For more information, visit Genworth.com.