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In light of the economic meltdown, CUNA Mutual Group said it will re-engineer its Ultra Series Target Retirement Date Funds to offer more of a buffer.

The redesigned funds use a more conservative approach in the 10 years prior to retirement and after retirement with a focus on capital preservation, said Tom Eckert, vice president of retirement plan services at CUNA Mutual. A “risk management zone” aims to gives portfolio managers the ability to adjust the equity exposure based on current market valuations and economic conditions.

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