According to a UBS news release, the offering is a fee-based program allowing UBS Financial Advisers who focus on retirement plans to provide advisory and investment fiduciary services to defined contribution plans.
DC Advisory focuses on three primary needs of DC plan sponsors:
- investment consulting,
- employee education consulting, and
- program provider search consulting.
“With the increasing focus on fee transparency and fiduciary responsibilities, fee-based plan service arrangements are growing in demand,” said Melissa Cowan, DC Advisory Program Manager, in the announcement.
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