BISYS To Support Pacific Life's Individual(k) Product

December 8, 2004 ( - California-based Pacific Life has chosen BISYS to support the Individual(k) plans offered by the company.

BISYS, which offers administration and recordkeeping solutions, will support Pacific Life’s offerings, which include product training, Web site content and support, plan installation services, employer and financial advisor kits, sales support, customized marketing materials and call center services, the company said.

Individual 401(k)s often allow self-employed individuals and small-business owners with no employees other than a spouse to save more for retirement than they could with other types of retirement plans (See Black Box: Solo “Flight” ).

Pacific Life ( ) serves 25 of the 50 largest US companies as clients. BISYS Group Inc. ( ) provides outsourcing solutions for investment firms, insurance companies, and banks.