Morningstar Offering Research, Selection Service to ING Plan Sponsors

February 27, 2003 ( - ING and Morningstar Associates LLC are bringing a new joint service to plan sponsors providing research, selection, and monitoring of plan investments.

Portfolio Blueprint will allow plan sponsors to utilize a menu of investment options selected by Morningstar based on a workforce demographic profile.  From this option, plan sponsors can then ask for a fund analysis and ongoing investment monitoring.

Plan sponsors electing this service will receive:

  • a workforce profile, describing plan demographics, which will be used as a guide to select the most appropriate fund menu for their plan
  • a menu of recommended funds from Morningstar designed to meet the needs identified in the workforce profile
  • an investment policy statement tailored to the plan’s workforce profile and the selected fund menu
  • recommendations and ongoing monitoring from Morningstar, which will act as an investment advice fiduciary to those plans that fully implement its recommendations.