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Products September 8, 2009
Focus Retirement Plan Partners Offers Enhanced Consulting Services
September 8, 2009 (PLANSPONSOR.com) - Focus
Retirement Plan Partners has announced an enhanced suite of
retirement plan consulting services available to retirement
plan sponsors and financial advisers serving plan sponsor
clients.
Reported by Rebecca Moore
The company’s core service is the Vendor Fiduciary Review, an independent side-by-side evaluation of the incumbent provider versus four other retirement vendors, comparing fees, investments and more than 250 data points in areas such as technology, recordkeeping, compliance, and employee education , according to the announcement .The Vendor Fiduciary Review can be used for periodic benchmarking and/or identifying new potential plan providers.
O ther services provided by the consulting company include investment due diligence analysis and employee educ ation/communications programs. The firm also provides a review and ranking of funds in all asset classes.
” The Scorecard we use emphasizes quantitative analysis and allows the fiduciary to evaluate investments in a more comprehensive manner through a single score. Based on the fund’s score, the user can, if warranted, drill down further for additional details,” sa id Lou Knox, one of the firm’s partners , in the announcement .
More information is at www.focusretirementplans.com .