Products March 2, 2005
Morningstar Offering Research, Selection Service to ING Plan Sponsors
February 27, 2003 (PLANSPONSOR.com) - ING and Morningstar Associates LLC are bringing a new joint service to plan sponsors providing research, selection, and monitoring of plan investments.
Reported by Eric Hazard
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.
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