Products August 23, 2010

Wolters Kluwer Launches Automated Amendment Software

Wolters Kluwer Law & Business has launched ftwPro Amend as part of its ftwilliam.com portfolio.

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ftwPro Amendis an automated amendment module that allows pension professionals to create customized amendments by selecting specific changes made to the plan document checklist.  

According to a press release, ftwPro Amend provides complete automation of the amendment process and can be used to prepare a plan amendment based on modifications to any plan provision. It will automatically generate a board action (consent action of the directors), a custom summary of material modifications, and an amendment.   

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The system keeps track of all modifications to the document checklist and will permit a user to prepare an amendment based on the last 10 modifications made in a plan document checklist. This allows users to select which of the last 10 changes will be included in the amendment. It is available for any prototype-style document offered by companies, including defined contribution, traditional defined benefit, cash balance, 403(b), ESOP and all of the company’s welfare documents.  

The module is now available to all plan document clients on the ftwilliam.com system at no additional charge.  

For more information, call 1-800-596-0714; e-mail sales@ftwilliam.com; or visit www.ftwilliam.com.  

Wolters Kluwer Law & Business is a provider of information and software solutions in key specialty areas for legal and business professionals. ftwilliam.com is part of Wolters Kluwer Law & Business, and provides plan documents (retirement, welfare and non-qualified), government forms (5500/PBGC, 1099 and IRS), and administrative/compliance software. 

Products August 23, 2010

Mesirow to Provide Strategic Asset Class Models for ABG

Mesirow Financial has been engaged to provide strategic asset allocation models for participants in client plans offered by Alliance Benefit Group (ABG). 

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A press release said Mesirow Financial’s Investment Strategies group will provide two-tier strategic asset class models, based on the sophistication of plan participants. Mesirow Financial’s risk-based asset allocation models are designed to help clients manage risk and maximize return by diversifying across a comprehensive set of asset classes.   

“Offering this service to our plan participants strengthens our relationships with clients and enhances their ability to make informed allocation decisions,” said John Blossom, president at ABG, in the announcement.

ABG provides administration services to over 7,000 plans representing more than $14 billion in assets and 440,000 participants. More information is at http://www.abgfs.com.  

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