USI Consulting Group Offers Managed Accounts through Morningstar

September 2, 2009 ( - Morningstar Associates, LLC has announced that USI Consulting Group is now offering managed retirement accounts through Morningstar Retirement Manager.

According to the announcement, with Morningstar Retirement Manager, participants receive a personalized retirement strategy, including a retirement income goal assessment, recommended savings rate, and construction of an appropriate portfolio using the investments in the plan lineup. Participants who enroll in the managed account service will also receive professional asset management, ongoing account monitoring, and quarterly progress reports to help them track their advancement toward their goals.

Morningstar said discretionary managed accounts provide a solution for participants who are not sure how to choose investments or monitor their retirement accounts on their own. Discretionary managed accounts may also be used as a qualified default investment alternative (QDIA) under the provisions of the Pension Protection Act of 2006, Morningstar pointed out.

Information about USI Consulting Group is at .