SunGard Corbel Enhances RK Platform
According to the company, the Recurring Rebalance
Transactions feature lets plan participants choose how
often their investments should be rebalanced. The program
can be scheduled and run unattended using Relius
Administration’s Straight-Through Processing, or it can be
used manually to create the transactions necessary to
rebalance the investments for one or more plans, a plan
group, or all plans.
412(i) plans, which produce larger tax deductions than
standard defined benefit plans but usually for a shorter
period of time, can now be valued through Relius
Administration’s insurance annuity funding option.
These plans are funded totally with insurance
products (life insurance and annuities). They can
produce larger contributions without actuarial
certification because of the conservative assumptions
embedded in the insurance products.