The purpose of the new disclosure requirements is to ensure participants and beneficiaries have access to adequate information to enable them to comparison shop among investment options to make informed investment decisions.
Below is a general overview of the regulations' key disclosure requirements that become effective in 2012.
FAIRFIELD, NJ, January 29, 2009 -- Altigro Pension Services, Inc. of Fairfield, a family-owned business that has been designing and administering retirement plans for more than 35 years, today announced it has acquired the third-party administration division of Global Pension Services, LLC (GPS) of Cranford.
"Both GPS and Altigro have established reputations for providing experienced third-party administration for qualified retirement plans," said Steven P. Greenbaum, president of Altigro Pension Services. "By joining forces, we will build upon that heritage, delivering an expanded range of innovative and enhanced services to our clients."
FAIRFIELD, NJ, January 19, 2009 -- Altigro Pension Services, Inc. of Fairfield today announced it has acquired the third-party pension administration services of Hilb Rogal & Hobbs (HRH) of Cranford.
As part of the acquisition, Bernard McCauley will be joining Altigro as a senior pension administrator to better serve and expand Altigro's base of pension clients. He will be working closely with Vita Amadeo of HRH on the client files that are transferred to Altigro.