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Products August 2, 2002
Magner Consolidates Retirement Services
February 8, 2002 (PLANSPONSOR.com) - Magner.network
announced the formation of its new retirement services
subsidiary - Magner Retirement Services.
Reported by Camilla Klein
The new entity unites four of Magner’s retirement industry financial support services under common management. These services are:
- Magner.network’s Deferral+ executive benefit sales enabling service
- Benefitfolio, an executive benefit communication platform
- rollover support for the 401(k), 403(b) and 457 plan markets
- Benefitwire Retirement Plan Administration.
According to a company press release, Magner Retirement Services will operate as a standalone unit alongside Magner.network’s other sales enabling operations in the executive disability, charitable giving, and international benefit markets.
Guerry Magidson has been named President of the new subsidiary.