ADP Retirement Services Selects mPower to Provide Clients Online Personalized Investment Education and Advice.Business Editors ROSELAND, N.J.--(BUSINESS WIRE)--July 10, 2000 Leading Education and Advice Services Mark First Enhancements to Participant Web site The Retirement Services Group of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. , Inc., a wholly-owned subsidiary of Automatic Data Processing Same as data processing. , Inc. (ADP (R)) announced today the selection of mPower formerly known as 401(k) Forum, to provide online investment education and advice services to its client base. mPower's advice services will be the first in a series of enhancements integrated into ADP's revamped participant Web site (www.mykplan.com). Through this new alliance, participants in defined contribution plans Defined contribution plan A pension plan whose sponsor is responsible only for making specified contributions into the plan on behalf of qualifying participants. Related: Defined benefit plan of ADP Retirement Services' clients will be able to utilize mPower's extensive online advice services and educational content. These services will include detailed fund-specific allocation recommendations tailored to each participant's unique financial situation, risk tolerance Risk Tolerance The degree of uncertainty that an investor can handle in regards to a negative change in the value of their portfolio. Notes: An investor's risk tolerance varies according to age, income requirements, financial goals, etc. and savings goals. In addition to the online advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , ADP clients will also gain access to mPower's two investment education Web sites -- 401kafe and IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. Junction. "We are excited to be adding mPower's industry recognized services to our existing employee education programs," said Mark Phillips This article is about the former husband of Princess Anne, The Princess Royal. For other people named Mark Phillips, see Mark Phillips (disambiguation). Captain Mark Anthony Peter Phillips Senior Vice President and General Manager, ADP Retirement Services. "We feel strongly that this resource will enable employees to take a more active and informed role in their retirement planning." "We are pleased to partner with ADP Retirement Services, as they have a prominent position in the industry and a strong understanding of the Internet and its role in enhancing the retirement investment process," said Steve Deschenes, President, mPower. "ADP Retirement Services' clients will benefit from our institutional quality advice services that include the best analyst team in the online investment advice industry, a proven investment methodology and compelling investment education to help individuals reach their financial retirement goals." ABOUT ADP RETIREMENT SERVICES ADP Retirement Services, which works with over 9,000 plans ranging in size from one participant to tens of thousands, is dedicated to providing comprehensive retirement plan services to clients of all sizes and in all industries. ADP Retirement Services simplifies the administrative process for the corporate payroll professional or business owner by linking retirement plan recordkeeping services to company payrolls - eliminating paperwork and lowering costs. ADP Retirement Services is part of the Employer Services division of ADP, Inc.- the leading global provider of comprehensive payroll, human resources and benefits administration outsourcing services to companies of all sizes. ABOUT ADP Automatic Data Processing, Inc. (NYSE NYSE See: New York Stock Exchange :AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) is one of the largest global providers of computerized transaction processing, data communications and information services See Information Systems. , with more than $6 billion in revenues and more than 450,000 clients worldwide. ADP's Employer Services (ES) division is a leading provider of integrated business administrative solutions that help clients efficiently manage their internal processes, allowing them to focus on core competencies. ADP ES' offerings include both traditional and Internet-based outsourcing products and services, giving clients the ability to select from ADP's comprehensive range of World Class Service solutions. Services include: payroll, tax regulatory management, HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist , benefits administration, time and labor management, retirement plan services, online recruiting, and pre-employment screening. For more information about ADP Employer Services, or to contact a local ADP sales office, reach us at 1-800-225-5237, ext. 124, or visit the company's Web site at www.adp.com. ABOUT mPower mPower.com, Inc. (http://www.mpower.com) is the holding company of mPower Advisors, L.L.C., a registered investment advisor Registered Investment Advisor (RIA) is a designation obtainable in the United States by an individual who has registered with the U.S. Securities and Exchange Commission or state regulatory agency (where the primary business is situated or multiple States in some cases) in located in San Francisco. The company is dedicated to delivering independent and objective online investment education and advice to investors with 401(k), 403(b) and 457 plans and individual retirement accounts. Under the mPower umbrella is the 401Kafe (http://www.401kafe.com), the first independent online community and content site dedicated exclusively to 401(k) participants nationwide, and IRA Junction (http://www.irajunction.com), the information station for investors with individual retirement accounts. |
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