RolloverSystems Introduces Service Enhancements

July 21, 2009 (PLANSPONSOR.com) - RolloverSystems, Inc. (RSI) has announced several moves to provide enhanced rollover asset retention solutions and participant retirement readiness tools to plan sponsors, institutional providers, third party administrators (TPAs), advisers, and participants.

According to the announcement, RSI has launched a new product solution for plan providers and broker/dealers, added a new chief sales officer, and introduced new Web portals. The company said it will build customized service models for providers and broker-dealers who are seeking an adviser-centric product solution to retain assets while helping terminated participants in transition.

The new offering will fall under the management of Jim Langenwalter, RSI’s new Chief Business Development Officer, the announcement said. Langenwalter will concentrate on emerging opportunities in the plan provider and national broker/dealer market.

To lead TPA and adviser sales, RSI has appointed Russ Winchester as the Chief Sales Officer. Winchester has more than 20 years of experience in retirement sales, including 401(k), 403(b), non-qualified plans, channel management, wholesaling, and direct sales experience. He has played key roles in the retirement services divisions of MassMutual, Guardian Life and Lincoln National Corporation. Most recently, he was vice president of national distribution and TPA sales for American United Life/OneAmerica Securities, where he was head of sales strategy for 400 third party distribution firms and 85 TPAs.

RSI has also redesigned its Web site by creating two audience-specific Web portals. The first portal enables plan sponsors, TPAs, institutional providers and advisers to learn about RSI services, and enlist RSI’s help in establishing automatic and/or voluntary rollover programs, terminating plans, and locating missing participants, among other services. The second portal enables participants to more easily learn about their rollover options and obtain educational materials, personalized and objective advice, and transaction facilitation from The Retirement Center.

More information is at www.RolloverSystems.com/solutions .

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