hot off the presses
new products
highlights
announcements
SPONSOR AND
PARTICIPANT TOOLS
Nationwide Retirement Solutions
has redesigned and enhanced its
website to better serve public sector
plan sponsors and participants. The
redesigned and updated site is a result
of extensive research and testing with
both plan sponsors and participants,
the company said.
The 403(b) Transparency Taskforce
launched the 403(b) Model Disclosure
Form—transparency standards for
disclosure of fees and services in the
public school 403(b) marketplace.
Qualified Plan Consultants LLC (QPC)
released its Audit Protection Plan
(QPC APP). The QPC APP provides
assistance to the company’s 401(k)
plan sponsor clients who become
subject to an Internal Revenue
Service (IRS) or Department of Labor
(DOL) audit for any year they are a
QPC client.
T. Rowe Price launched Ready-2-
Retire, a Web-based tool that allows
investors to envision how they might
live in retirement. Ready-2-Retire
asks investors questions in a simple
manner that helps them establish
goals, set priorities and understand
risks.
Standard Retirement Services Inc.
added to the fiduciary protection
available through its retirement
plan services. The company can
now act as an ERISA 3( 16) fiduciary
in performing certain plan
administrative duties on behalf of
plan sponsors who delegate these
tasks.
Mesirow Financial and PNC
Institutional Investments introduced
Employee Retirement Income
Security Act (ERISA) Section 3( 21)
and 3( 38) fiduciary services for PNC’s
Vested Interest retirement plan
sponsors.
Ary Rosenbaum, a New York-based ERISA attorney, introduced a
401(k) plan for small- to mid-sized
employers. 401(k) Freedom, from
401(k) Freedom Inc., allows multiple
businesses throughout the country
to offer a retirement plan under
the umbrella of a single, qualified
retirement plan.
