Nationwide Retirement Solutions this summer plans to replace its Life...

Nationwide Retirement Solutions this summer plans to replace its Life Design series of asset allocation funds with a new set of lifestyle funds called the Investment Destination series, said Cathy McDonald, vice president of business markets. The new series will be made up solely of index funds in order to lower costs and style drift, she said. They will be launched in conjunction with a new online asset-allocation modeling tool provided by Ibbotson, she added. NRS services 457 plans.