ABA Retirement Funds Teams with Northern Trust

September 22, 2008 (PLANSPONSOR.com) - ABA Retirement Funds, which offers retirement plan services to legal professionals, has entered into a Fiduciary Investment Services Agreement with Northern Trust.

Under the agreement, expected to take effect in mid-2009, Northern Trust will work with the program s recordkeeper to provide fiduciary investment services to more than 43,000 participants, with more than $4.1 billion in assets.

“Our goal is to make our members’ retirement planning more effective, said Harry L. Hathaway, President of the ABA Retirement Funds Board of Directors, in a press release. We are delighted to have this opportunity to partner with Northern Trust, which we expect will lead to offering our members and participants a revamped menu of high-quality investment options for their benefit plans.

Through its sponsorship of the program, ABA Retirement Funds offers retirement plan services to legal professionals, along with educational information related to retirement planning and funding. The program has earned preferred vendor status with 37 state bar and other legal associations.