October 03, 2012
--- Dimensional Managed
DC has been rolled out on a platform by ASPire Financial Services LLC and OBS
Financial Services Inc. ---
Dimensional Managed
DC offers plan participants an alternative to target-date funds. Currently
available on the ASPire platform, Dimensional Managed DC accounts are
customized to the particular retirement account and retirement income needs of
each individual participant.
“Dimensional Managed
DC addresses a growing demand for cost-effective retirement programs through an
integrated, easy-to-use tool capable of helping participants determine
investment strategies to close their retirement income gaps,” said Pete
Kirtland, ASPire president and chief executive of ASPire. “By bringing
together the investment products and professionals of Dimensional, OBS
Financial Services’ fiduciary oversight and ASPire’s technology, we are able to
bring products to market that positively impact participant investment
outcomes.”
According to John
Henry, president and chief executive of OBS Financial Services, “In serving as
a fiduciary for advisers, OBS is well aware of the needs of those working
within the retirement plan space. Flexibility is crucial and our partnership
with ASPire to offer Dimensional Managed DC is the latest example of how our
companies provide innovative and differentiating services that drive value
across the board.”
ASPire Financial Services is a provider of conflict-free retirement plan solutions
through a customizable open-architecture proprietary technology platform.
OBS Financial
Services provides investment solutions to financial institutions and qualified
plan marketplaces.
PLANADVISER staff