ProductsSeptember 21, 2010

DWS Announces IRA Rollover Site

DWS Investments, the U.S. retail unit of Deutsche Bank’s Asset Management division, has launched DWS Rollover Central, an online resource to help guide retirement plan participants through the IRA rollover process.

Reported by PLANADVISER Staff

The site offers investment tools and educational features to help investors better understand the benefits of traditional and Roth IRAs, according to the company. It also simplifies the process of opening an IRA and selecting a financial adviser. Investors can use DWS Rollover Central to view a side-by-side comparison of available IRA providers and compare fees, funds, investment research tools, and information about the application process, according to a news release.

In releasing the product, DWS Investments has partnered with Wealth Management Systems Inc. (WMSI).

“The new IRA services offered through DWS Rollover Central provide our participants and investors with more choice, convenience and control,” says Ron Cohen, Head of DWS Retirement Services, in the news release.

DWS Rollover Central is accessible through DWS’ Web site, www.dws-investments.com, and through other third-party recordkeepers.