Administration April 5, 2003

Walker MacRae Picks Reliance for Custody and Trust

May 16, 2002 (PLANSPONSOR.com) - Walker MacRae clients will now have access to trust, custody and support services through an alliance with an Atlanta trust company.

Reported by

Fred Schneyer

According to a company announcement, Reliance Trust Company’s services would be appropriate for 401(k), 403(b), defined benefit, and other retirement plans.

Generally, Walker MacRae plan sponsor clients can select their own third-party administrator and investment advisor because its trading platform uses a flexible open architecture, the company said. The company also provides daily reconciliation to fund firms and income processing from the ex-dividend date.

Waker MacRae recently unveiled a program to help plan fiduciaries with quarterly monitoring of their investments as measured against the plan’s Investment Policy Statement.