October 3, 2012 (PLANSPONSOR.com) – Dimensional Managed DC has been rolled out by ASPire Financial Services LLC and OBS Financial Services Inc.
Dimensional Managed DC offers plan participants an alternative to target-date funds. Currently available on the ASPire platform, Dimensional Managed DC accounts are customized to the particular retirement account and retirement income needs of each individual participant.
“Dimensional Managed DC addresses a growing demand for cost-effective retirement programs through an integrated, easy-to-use tool capable of helping participants determine investment strategies to close their retirement income gaps,” said Pete Kirtland, ASPire president and chief executive of ASPire. “By bringing together the investment products and professionals of Dimensional, OBS Financial Services’ fiduciary oversight and ASPire’s technology, we are able to bring products to market that positively impact participant investment outcomes.”
According to John Henry, president and chief executive of OBS Financial Services, “In serving as a fiduciary for advisers, OBS is well aware of the needs of those working within the retirement plan space. Flexibility is crucial and our partnership with ASPire to offer Dimensional Managed DC is the latest example of how our companies provide innovative and differentiating services that drive value across the board.”
ASPire Financial Services is a provider of conflict-free retirement plan solutions through a customizable open-architecture proprietary technology platform.
OBS Financial Services provides investment solutions to financial institutions and qualified plan marketplaces.