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Products October 7, 2000
mPOWERED: ADP Takes mPower's Advice
July 10, 2000 (PLANSPONSOR.com) - Automatic Data
Processing (ADP) has chosen mPower as the provider of
investment advice for its Retirement Services
Division.
Reported by editors@plansponsor.com
Participants will access mPower’s advice and educational content at www.mykplan.com , ADP’s participant Web site. These advice services will be available to ADP’s 401(k) client base this year.
mPower is also providing ADP plan participants with a report card feature which will allow them to gauge how they’re doing on savings, risk and asset allocation in their 401(k) plan.
ADP currently serves 1.2 million participants in its target markets.
Also today, the International City/County Management Association Retirement Corporation has chosen Standard & Poor’s to provide investment education and advice to state and local employees in more than 5,500 government organizations nationwide.
ICMA-RC will integrate S&P’s Retirement Advisor with its VantageLink web site at www.icmarc.org .
– Nevin Adams editors@plansponsor.com