For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Mutual of Omaha Retirement Services has launched a new product, the Retirement Right Blueprint, for employers of all sizes. The product is designed take the “time, complexity and confusion out of retirement planning,” the firm says.
“This product expands accessibility of retirement planning to employers of all sizes and can be a compelling solution for employers faced with retirement plan state mandates, as well as those searching for a customer-centric provider,” says Laura Huscroft, vice president of retirement services at Mutual of Omaha.
The Retirement Right Blueprint is an extension of the company’s flagship retirement product, the Retirement Right suite, the company says.
The open architecture product provides optional fiduciary services such as 3(16), 3(21), 3(38), and participant savings’ options, including managed accounts and self-directed brokerage accounts.
Additional features include:
- Access to a relationship manager for all plans, regardless of asset size
- Accelerated plan installation
- Financial wellness tools embedded in the plan sponsor, financial professional and participant experiences
Additional information on the product launch can be found here.
You Might Also Like:
Goldman Sachs: Fostering ‘Financial Grit’ Is Key to Improving Retirement Savings
Retirement Industry People Moves
Court Approves $1.5M Settlement in Amway ERISA Lawsuit
« DB Plan Sponsors Can Adopt Strategies to Lower PBGC Premiums