Ascensus teams up with Capital Group for PEP

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Ascensus said it will begin offering the Ascensus American Funds Pooled Employer Plan on its independent, open-architecture recordkeeping platform beginning in spring 2024.

The new investment solution is focused on creating a unique portfolio that matches a participant’s financial needs more closely than a traditional target date fund allocation determined only by age. Wilshire will serve as the 3(38) fiduciary.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C.

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