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Products June 1, 2009
DIA Introduces DB Resource Guide for Advisers
Diversified Investment Advisors, Inc., introduced the Managed DB Financial Advisor Resource Guide to assist retirement plan advisers in their efforts to meet the retirement program needs of defined benefit plan sponsors.
Reported by Ellie Behling
Diversified, a national investment advisory firm specializing in retirement plans, said its guide provides advisers with background information about the causal effects of the current turbulent market conditions and added regulatory pressure that have created new challenges for plan sponsors.
The resource guide also includes a set of marketing tools to help advisers develop the best plan design, funding strategies, and administrative and risk management solutions for defined benefit plan sponsors, according to a news release.
“Plan sponsors need access to more sophisticated modeling capabilities and expert resources to understand the implications of investment strategies, outsourcing plan services, and freezing or terminating a defined benefit plan,” said Patrick Kendall, vice president and defined benefit practice leader at Diversified, in the release. “Retirement plan advisers are in the best position to assist sponsors by outlining the implications for them.”
Last year, Diversified introduced a similar resource guide to assist retirement plan advisers in meeting the needs of 403(b) plan sponsors, called Diversified’s 403(b)READY Financial Advisor Resource Guide.
Advisers can request a copy of either resource guide through their local Diversified office, the firm said.