Products February 4, 2011

MassMutual Launches Participant Education Solution

MassMutual's Retirement Services Division has created RetireSmart, a participant education program.
Reported by

The initiative includes a Facebook page, an enhanced participant Web site, and an interactive game that “ages” participants to help them see what life may look like down the road. The RetireSmart platform is designed to encourage participants to take “impactful” steps for adequate retirement savings.

In addition to the new Facebook page and interactive applications, highlights of the RetireSmart Web site include:  

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  • Custom “look and feel” including the plan sponsor’s logo and creative choice of core plan education materials
  • Shorter, more intuitive menus to help participants find what they need quickly and easily
  • “Quick Links” to Plan, Save, Allocate and Consolidate tools so participants can take immediate action while they are focused on a particular task
  • A search feature that enables enrolled and yet-to-be-enrolled employees (as well as their spouses and family members) to search MassMutual’s RetireSmart Web site by topic, age, life event, level of investment knowledge and other criteria
  •   An area where plan sponsors can post important information for their participant
The company announced enhancements to its Web site in November (see “MassMutual Gives Details of New Participant Web Site“).  
The participant Web site is at http://www.retiresmart.com; the Facebook page is at http://www.facebook.com/retiresmart; and the interactive game can be found at http://www.retiresmartmoves.com.
Products February 4, 2011

BB&T Funds Renamed Sterling Capital Funds

Sterling Capital Management announced that effective as of February 1, BB&T Funds have been renamed Sterling Capital Funds.
Reported by

The decision to change the fund family name follows the merger of the former adviser, BB&T Asset Management Inc., into Sterling Capital Management LLC, which occurred October 1, 2010.  

“We are uniquely positioned to provide institutions, advisers and individuals the tools needed to navigate a challenging investment landscape,” said Alex McAlister, president of Sterling Capital Management. “Our collaborative approach allows our investment teams to apply proprietary research and analysis along with common sense thinking to implement world-class investment strategies.”  

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For more information on Sterling Capital Funds, visit the newly designed Web site, http://www.sterlingcapitalfunds.com, which features a list of the new fund names and a brief Q&A on the rename.

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