401kDIRECT Creates CIF Marketplace - Open for All.CAMPBELL, Calif. -- Collective Investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company (CIF (1) (Common Intermediate Format) A standard video format used in videoconferencing. CIF formats are defined by their resolution, and standards both above and below the original resolution have been established. The original CIF is also known as Full CIF (FCIF). ), traditionally only available direct to institutional retirement plans, are now being made available to all plans. 401kDIRECT, innovator of the Advisor-Delivered 401k Plan has created the CIF marketplace where investment professionals can now gain easy access to CIFs and in turn make them available to their retirement plan clients. The advantages to CIFs make them ideal investment solutions for plan sponsors seeking to minimize fiduciary risk under PPA PPA 1. Palpation, Percussion & Ausculation 2. Pittsburgh pneumonia agent 3. Postpartum amenorrhea 4. Price per accession 5. Pure pulmonary atresia regulations. Those advantages are: transparent pricing, lower net costs and access to professional money management. In addition, the funds are priced and traded in a daily environment and are not subject to many of the restrictions of mutual funds, such as early withdrawal penalties. The CIF Marketplace funds are sub-advised by national trust companies and consulting firms. The multiple investment styles represented can give investment professionals the flexibility to meet each of their client's individual needs. Focusing on the company's mission of making "a comfortable retirement possible for all Americans" helped fuel the desire to make these investments available to all retirement plans. David Wade, President/CEO - "By acquiring the talents of top money managers directly in a CIF, we can buy direct and save the wrapper cost of mutual funds and group annuity contracts. By acquiring passive index strategies directly, we save the wrapper cost of the ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). and find sub-advisors that can tweak the indexes to add value. We can then pass the cost savings through to our clients to boost overall return for the retirement plan participant." The CIF Marketplace will be launched at the ASPPA ASPPA American Society of Pension and Professionals & Actuaries Conference, starting February 9, 2008 in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. . For additional information or for a list of funds available in the CIF Marketplace, please contact Lance Roberts at 740-927-3553 or email lroberts@401k-direct.com. 401kDIRECT, formerly PENTEK Pension Services, is headquartered in Campbell, California Campbell (IPA: /ˈkæmbəl/) is a city in Santa Clara County, California, part of Silicon Valley, in the San Francisco Bay Area. [2] As of 2007 population estimates, Campbell's population is 39,200. with additional offices in Chicago, Illinois and Columbus OH. 401kDIRECT has specialized in the 401(k) arena since 1984. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion