SecurePath Provides Access to Fund Architects Portfolios

Transamerica Retirement Management, Inc., has selected money management firm Fund Architects to enhance its SecurePath Advisory Services retirement planning product.

SecurePath will provide access to the Fund Architects suite of services to qualified clients, according to an announcement. Fund Architects provides a range of asset allocation portfolios.

“Part of the SecurePath by Transamerica mission is to bring the kind of financial planning resources typically reserved only for the affluent to a much wider range of individuals. Fund Architects helps us achieve this goal by making quality money management affordable,” said Phil Eckman, CEO of Transamerica Retirement Management, in a news release. “Our clients who seek investment advice from our financial advisers will now have access to a complete offering of portfolios that were developed from state-of-the-art fund selection and asset allocation tools.”

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Transamerica launched SecurePath in October 2007 to provide employees on the verge of retirement with the guidance, tools, and resources to help turn accumulated retirement assets into a lifetime income stream (see “Transamerica Introduces Retirement Income Unit’). Content on the SecurePath Web site includes The Social Security Opera, intended to demonstrate that applying for Social Security benefits is not a daunting task (see “Social Security Guidance through Opera?’) and a Second Careers section to help pre-retirees and employers plan for the type of retirement that best suits them (see “Transamerica Helps Pre-retirees Prepare for Second Career’).

Millennium Trust Offers Automatic Rollover IRA Solution through WMSI

Millennium Trust Company, a provider of IRA administrative and custody services, announced it has joined Wealth Management Systems Inc.'s (WMSI) Rollover Network.

According to the announcement, through WMSI’s Rollover Solution Network, third-party administrators and plan sponsors will be able to select Millennium’s Automatic Rollover IRA solution and systematically rollover plan assets for missing and nonresponsive participants of active and terminating plans.

“We are always looking for ways to expand the distribution of our Automatic Rollover IRA solution so we are quite pleased to partner with Wealth Management, a clear leader in the TPA rollover space,” said Scott McCartan, CEO of Millennium Trust, in the announcement.

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More information about Millennium Trust is available at www.mtrustcompany.com, and more information about WMSI is availalbe at www.wealthmsi.com.

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