Aetna scores high marks in DALBAR 401(k) plan survey.HARTFORD Hartford, city (1990 pop. 139,739), state capital, Hartford co., central Conn., on the west bank of the Connecticut River; settled as Newtown 1635–36 on the site of a Dutch trading post (1633; abandoned 1654), inc. 1784. , Conn.--(BUSINESS WIRE)--Nov. 1, 1995--A survey just released by DALBAR Inc., a Boston-based research firm, rated Aetna Life Insurance and Annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Company as the top 401(k) provider of employee education to plans with 100 to 999 employees. One thousand plan sponsors rated 122 service providers on a variety of education-related services. These services ranged from general explanation of the plan to the education of employees on detailed investment and retirement principles. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Caroline Alden, head of pension research at Aetna, "We believe our high rating in employee education endorses our innovative approach to communications in this area. Most important, the Dalbar report challenges us to maintain our standard of excellence in employees education and in all of our plan services." The entire survey included 3,300 plan sponsors nationwide, representing employers of all sizes. Aetna's ranking coincides with its marketing focus in the area of retirement services. Aetna recently formed Aetna Retirement Services, an internal unit of marketing specialists, to concentrate on educating consumers about the importance of planning for retirement and delivering products and services that will help meet the needs of Americans of all ages who are planning for their later years. "We recognize the need to educate plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. on a number of levels about their financial needs in retirement and beyond," said Drew Lawton, managing director of Aetna Retirement Services. "Many Americans don't realize how much they will need to save so they don't outlive out·live tr.v. out·lived, out·liv·ing, out·lives 1. To live longer than: She outlived her son. 2. their finances, and that company-sponsored plans offer a great opportunity for investing." Aetna Life and Casualty Company is one of the nation's largest stockholder-owned insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies, with consolidated assets of $100 billion. |
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