Sky Retirement Services is the new business unit offering sales and service related to 401(k), profit sharing, pension plans and other related institutional retirement services and comes from the combination of three Sky subsidiaries: Sky Trust, Sky Insurance and M&E Investments. In creating this new division, Sky has consolidated operational and support functions common to each of the financial services subsidiaries to provide a support structure to the sales and client management functions across the entire organization, according to a news release.
As a part of this move, the Pepper Pike, Ohio-based company also has enhanced its suite of retirement products to include new proprietary and non-proprietary retirement solutions. The company now offers a line of retirement products suited to commercial, insurance and private banking clients.
Clients will be able to access Sky Retirement Services through any of the company’s banking, trust, investment or insurance offices located throughout Sky’s footprint, which includes Ohio, northern Indiana, western Pennsylvania, southeast Michigan and northern West Virginia.