DailyAccess Corporation Selects RolloverSystems for Asset Retention Services; Fast-Growing TPA Enhances Plan Offering to Employers, Advisors.CHARLOTTE, N.C. -- RolloverSystems today announced that DailyAccess Corporation, which provides retirement plan recordkeeping and administration services to hundreds of companies nationwide, will connect to the RolloverHQ(TM) platform. The move gives DailyAccess's financial advisor and plan sponsor clients direct access to RolloverSystems' automated rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. services. "As our average plan size increases, it is important for us to continue to provide market-leading products and services to our advisors and plan sponsors," said Tommy Thomasson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DailyAccess. "RolloverSystems has taken into account the important role financial advisors play in helping people plan and invest for retirement. The ease of use of the RolloverSystems service will appeal to plan sponsors as well." Plan administrators like DailyAccess increasingly view proactive rollover programs as a way to enhance and differentiate their product in the marketplace. The RolloverSystems program, to be offered under private label by DailyAccess, enables financial advisors to serve the needs of more terminated plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. with greater consistency and efficiency. Using RolloverHQ, financial advisors can take advantage of automated participant communications and a self-service transaction platform that includes a choice of rollover IRA Rollover IRA A traditional individual retirement account holding money from a qualified plan or 403(b) plan. These assets, as long as they are not mixed with other contributions, can later be rolled over to another qualified plan or 403(b) plan. Also known as a conduit IRA. products. By pre-filling participant data and combining 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. account opening and benefit election in one place, RolloverHQ streamlines the rollover process and reduces the paperwork burden on all stakeholders. "It's great for us to have a growing, technology-driven company like DailyAccess as a rollover services client," said RolloverSystems CEO, Reginald Bowser Bowser may mean:
About RolloverSystems RolloverSystems is the leading provider of outsourced retirement plan rollover services for financial institutions, plans service providers, and plan sponsors. The company operates the only independent, objective platform that matches eligible retirement plan participants with a network of top-tier financial institutions offering rollover IRAs, including OppenheimerFunds, Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Wachovia Securities Wachovia Securities, located in Richmond, Virginia (soon to be moved to St. Louis), is the third largest brokerage firm in the United States as of 2006 with $689 billion retail client assets under management. It is a subsidiary of Wachovia Corporation. , Charles Schwab Charles Schwab can refer to:
About DailyAccess Corporation DailyAccess Corporation is an innovative, industry-leading retirement plan services company. Providing solutions-based technologies integrated with professional, personalized client service, the company enables plan sponsors and financial advisors to deliver the most effective retirement plan available to the participants they serve. For more information, please visit www.dailyaccess.com. |
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