Products October 26, 2010
CPI Adds VALIC Fixed Interest Option
October 26, 2010 (PLANSPONSOR.com) – CPI Qualified Plan Consultants, a third-party recordkeeping and administration company, announced the addition of a third Fixed Interest Option from VALIC to the CPI platform.
Reported by PLANSPONSOR staff
In July, VALIC began offering a Fixed-Interest Option with 50-basis-point compensation to the financial adviser, allowing advisers greater flexibility to control level compensation, according to a news release.
Available to 401(k) and — with approval — 403(b) plans, VALIC’s Fixed-Interest Option has historically been offered with either 0 or 25 basis points in adviser compensation.
More information is at www.cpiqpc.com. CPI is headquartered in Great Bend, Kansas.