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Products October 18, 2011
DailyAccess and October Three Partner on Cash Balance Services
October 18, 2011 (PLANSPONSOR.com) - DailyAccess Corporation announced the formation of a strategic alliance with October Three, LLC, an actuarial, consulting, and technology firm.
Reported by Tara Cantore
The firms claim the new relationship will deliver a new paradigm for the design and administration of cash balance retirement plans.
“October Three is a very sophisticated firm with a wealth of cash balance experience, and they bring to the table a technology platform and tools that are without peer in the industry,” said Tommy Thomasson, President and Chief Executive Officer of DailyAccess, in a press release. “While October Three will provide necessary services for cash balance plans and opportunities, we will continue to have, in house, a robust actuarial services team that will focus on client service, consulting, and administration of our traditional defined benefit retirement plans,” added Thomasson.