Products March 3, 2014

Broadridge Offers Plan Benchmarking Service

Broadridge Financial Solutions reached an agreement with Pension Data Resources, Inc., to provide clients with plan assessment and benchmarking capabilities based on compiled Form 5500 data.
Reported by

Broadridge says the new offering, called Retirement Advisor Intelligence, will be one of the first products in the industry to link investment activities with detailed plan and adviser information. The firm says the combination of services offered by Access Data, a Broadridge subsidiary that provides analytics and data services to recordkeepers and mutual fund firms, and Pension Data Resources will provide clients with a comprehensive view of the defined contribution (DC) marketplace.

In addition, Access Data’s clients will have direct access to proprietary research through Pension Data Resource’s online PensionPlanet portal, which features the Navigator Asset & Investment Fund Database. Broadridge says clients will be able to use the database to drill down into comprehensive investment position analysis and compare the results against some 90,000 qualified plans.

Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.

The firm says the tool will also contribute to improving transparency in the industry among recordkeepers and mutual fund firms.

Frank Polefrone, a senior vice president for Access Data, says that, by combining the plan data and research tools provided by PensionPlanet with his firm’s defined contribution investment-only (DCIO) services, Broadridge can better support advisers specializing in the retirement business. The synergy also provides important practice information about the retirement business that specialist advisers conduct, says Polefrone.

More information is available at www.broadridge.com.

Deals & People March 3, 2014

John Hancock Names National Mid-Market Director

Jim Brockelman will rejoin John Hancock Retirement Plan Services as national director, mid-market.
Reported by

Brockelman will report to Bob Carroll, national sales manager, Retirement Plan Services, as he leads the company’s expansion into the 401(k) mid-market sector.

“I am very excited that Jim is back, assisting us as we expand our presence in the mid-market,” says Carroll. “His knowledge and leadership will be a great asset as we continue to grow and gain momentum.”

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

Brockelman returns to John Hancock following a six-year absence, during which he held other senior sales roles. He joined Manulife in 2002 as national sales manager for the company’s managed account business, following a career in several executive roles in the mid-market defined contribution business. After Manulife acquired John Hancock in 2004, Brockelman joined John Hancock’s Retirement Plan Services business, serving as senior vice president of intermediary services, coordinating all retirement plan sales activity with the company’s intermediary sales channel, and eventually assuming the role of executive vice president of national sales.

John Hancock Financial is a division of Manulife Financial, a leading Canada-based financial services group with principal operations in Asia, Canada and the United States.

«