Southern Baptist Convention Annuity Board, Dallas, will begin providing retirement and financial services to other churches and Christian organizations in an effort to build its asset base, according to a news release. The $7.3 billion board also changed its name to GuideStone Financial Resources.
"This expansion of our market will prove to be a great benefit to thousands of churches which are unaffiliated with a denomination and don't have access to competitive retirement and group life and health plans," O.S. Hawkins, GuideStone president, said in the news release. GuideStone offers retirement, group life and health plans, individual investment products, and institutional investment products with Christian-based social screening.