December 2000
Pension Profile provides source info for building business relationships that can last beyond the needs of the sponsor plan and address the needs of participants.As recently highlighted in the Nov. 13 issue of Pension & Investments, the Cerulli Report concluded that "only 19% of rollover assets are retained by the 401K service providers". This conclusion highlights the opportunity for Pension Profile users to develop another source for business.
Pension Profile assists users in identifying corporate plan sponsors by using various criteria and search filters. Planners, managers, and service providers need to focus their attention on offering IRA rollover accounts to departing participants. In developing relationships with corporate plan sponsors encourage various relationships beyond the sponsor needs. Pension Profile provides the starting point by which to do just that.
For review of this article, visit the Pension & Investment site at http://www.pionline.com and refer to "Hanging on to Rollover Assets" in the Nov. 13, 2000 issue. For more in depth information about the Cerulli Report or to order a copy of the Report visit http://www.cerulli.com. Let them know how you learned about their material.
Once again, thank you for your patronage. Feel free to contribute, and we appreciate you passing us on by word of month.
Don’t forget to visit, www.pensionprofile.com/index.cfm to get no cost answers for pension market research in your area.
Prosperous Prospecting!!
If you have any questions, marketing ideas or want to contribute to the Tip of the Month, please send an e-mail to us at pensions@pensionprofile.com We will give you credit for the concept.
