Products August 2, 2003
Mellon, Vinings Join Forces
February 20, 2002 (PLANSPONSOR.com) - A new
partnership between Mellon Financial Corporation and Vinings
Management Corporation should benefit sponsors of
non-qualified benefit plans and taxable trusts, the companies
announced.
Reported by Fred Schneyer
According to the companies, the partnership provides a more comprehensive menu of client services including plan design, administration, investment management, and financial analysis from the Atlanta-based Vinings.
Mellon and Vinings plan to target firms with deferred compensation and other senior management retirement plans. The partnership will also go after potential clients with taxable funding arrangements where Vinings has expertise – trusts that fund FAS 106 liabilities and Nuclear Decommissioning Trusts.
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