SEI Integrates, Expands DB, DC Services

December 6, 2000 ( - SEI Investments is expanding its outsourced defined benefit program to offer actuarial, administration, plan design, communications and consulting services to plan sponsors, beginning in January.

SEI will also begin providing integrated services for defined benefit and defined contribution plans, including combined statements and Web-based modeling on a single Web site.

Although defined benefit (pension) plan formation has slowed dramatically over the past several years, a number of providers have recently taken steps to expand and solidify their relationships with plan sponsors by offering integrated product offerings for multiple plan types.
– Nevin Adams