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Products April 6, 2009
Retirement Plan Allows Participants to Own ETF Shares
April 6, 2009 (PLANSPONSOR.com) - ETF Advisor k, a
Memphis, Tennessee-based open architecture retirement plan
provider, has announced an ETF-based retirement plan where
participants will own the exchange-traded fund shares in
their account.
Reported by Rebecca Moore
According to the announcement, the ETF Advisor k solution lifts cost and administrative barriers and allows retirement plan participants to own actual ETF shares instead of units from a collective or unitized trust by using the systems already in place for trading mutual funds. This will allow advisers and participants to use public information and tools to design portfolios to meet their investment strategy.
The announcement said ETF Advisor k is targeted to fee-based advisers and trust departments that desire an open architecture retirement platform.
More information can be obtained by calling 877-843-4015 or by visiting www.ETFAdvisork.com .