Deals & People March 26, 2009

Longfellow Benefits Promotes Boucher to Senior VP

Longfellow Benefits promoted David Boucher from vice president to senior vice president, corporate benefit services.
Reported by

The team at Longfellow Benefits, Boston-based benefits consultants and brokers, was a finalist for the 2008 PLANSPONSOR Retirement Plan Adviser Team of the Year award (see “Longfellow Benefits, a Member Firm of NRP’).

In his new role, Boucher will manage key current accounts, cultivate new business, and support Longfellow team members with overall marketing initiatives, according to a news release.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

“Since joining Longfellow several years ago, David has provided outstanding client service and has been a leader for the firm in developing new business opportunities,” said Joseph Gray, managing principal, in the release.


Products March 25, 2009

Putnam Launches New DC Platform

Putnam Investments unveiled a new defined contribution platform for advisers and their plan sponsor clients.
Reported by

According to a press release, the offering will serve clients in the small, mid-size, and large market segments, using the recordkeeping services of FASCore, LLC. Putnam and FASCore are subsidiaries of Great-West Lifeco Inc. and members of the Power Financial Corporation group of companies.

The announcement said Putnam’s new 401(k) program will provide plan sponsors with:

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

  • Putnam’s proprietary mutual fund offerings, including Putnam Absolute Return Funds;
  • an open architecture investment platform with performance screens to help streamline selection for advisers and plan sponsors;
  • core plan design with automated features aimed at improving retirement readiness and reducing administrative burdens;
  • pricing and fee transparency;
  • an array of qualified default investment alternative (QDIA) options.

More information is available at www.putnam.com

.

 

 

«