OppenheimerFunds Unveils Retirement Tools for Sponsors, Advisers

Oppenheimer launched targeted communications for its Navigator asset allocation program available on the Pinnacle and Record(k)eeper Pro platforms. Navigator helps participants choose a targeted investment mix based on their risk tolerance and the number of years until retirement, according to a press release. The personalized communications educate the sponsor about Navigator and encourage participants to use the Navigator program to simplify investment selections and automatically rebalance their portfolios.

The firm also introduced a new guide targeted to plan sponsors to help them increase participation rates. “Your Plan’s Participation Rate—Four Steps to Make Your Plan More Effective” features steps to help plan sponsors execute a course of action to increase participation rates, the announcement said.

Tools for Advisers

To help financial advisers build business and retain existing assets, OppenheimerFunds said it launched the OppenheimerFunds Retirement Business Calendar and Resume Developer (CARD).

The CARD includes a business resume template that highlights an adviser’s professional experience; a retirement plan service and mission statement that details many common components of a plan review process; and a customizable annual services calendar, which provides a schedule of services offered to the plan sponsor by the financial adviser.