Deals & People November 12, 2009

Pa. Consulting Firm Rebrands

Don Settina, Inc., a Pittsburgh-based retirement consulting firm, is now operating as RetireRight Pittsburgh.

Reported by

The change was effective November 1, the company announced.

A news release said personnel from the company teach the Retirement Plan Management Training & Certification Program, a fiduciary training program that helps retirement plan sponsors understand the rules that surround employer plans.

Don Settina, president and CEO, has more than 25 years of experience in the retirement industry.

More information about the company is available at www.RetireRightPittsburgh.com .
Products November 12, 2009

SunTrust Adds FDIC-Insured 401(k) Investment Option

SunTrust Banks has added an FDIC-insured account as an investment option for its 401(k) clients.

Reported by

In a news release, the company said the SunTrust Bank FDIC Insured Account is an interest-earning account that offers competitive rates and current income, while preserving principal. Funds invested in the account are considered deposits of SunTrust Bank and offer FDIC insurance protection of up to $250,000 per participant, the announcement said.

“The recent economic and market environments have changed people’s perspectives on their retirement savings. Many have greater interest in including investments that offer solid capital preservation as part of their retirement portfolio,” said Brenda Seliga, senior vice president and head of Employee Benefit Solutions at SunTrust, in the news release.

The company also announced it is releasing two 401(k) guides: “Solid Steps to Maintaining a Healthy 401(k)” and “Solid Steps to Knowing if a 401(k) is Right for Your Business,” available free at suntrust.com/401kexpertise.

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