Products October 28, 2011
MS Plan Switches to VALIC Mutual Fund Platform
October 28, 2011 (PLANSPONSOR.com) – VALIC has been retained as a plan provider for the Mississippi Optional Retirement Plan (ORP).
Reported by Rebecca Moore
In addition, the plan converted from VALIC’s annuity platform to its open-architecture mutual fund platform that utilizes thousands of non-proprietary investment choices from over 100 fund families. The platform features a fixed-interest option and technology enhancements at both the plan sponsor and plan participant level, according to a press release.
Participants also have access to an on-site financial adviser to assist employees with retirement and financial planning issues.
VALIC is among three retirement plan providers and has served the plan since 1992.« SEC Letter Resolves Concerns about Fee Disclosure and SEC Rules