“As DC plans have increasingly become a major portion of retirement income for those covered by qualified retirement programs, we are focusing on providing clients with the highest quality consulting advice possible,” says Joseph A. LoCicero, president and CEO of the New York-based Segal Group.
LoCicero says the firm is expanding its DC expertise in the areas of plan design, governance, administration consulting, investment solutions and communications. To this end, the firm has formed a dedicated DC team to serve clients across a variety of market segments.
This team will include one current expert and three new hires, as follows:
- Robert A. Liberto, senior vice president with Segal Rogerscasey, has more than 30 years of experience in the employee benefits field, including more than two decades with Segal. He will lead the DC initiative for the multiemployer market. He developed and serves as practice leader for DC-Connect, a comprehensive DC search and vendor-selection service. Liberto works out of Segal’s New York office.
- Wendy Y. Carter will act as a vice president and senior consultant. She joins Segal as a public sector DC expert working out of the Washington, D.C., office. She has nearly 30 years of experience in public sector retirement plan consulting with Mercer Investment Consulting and, most recently, with ING Retirement Services.
- Pirie J. McIndoe will act as a vice president and senior consultant, joining the firm to concentrate on the higher education market. He has nearly 30 years of experience in the financial services industry, with TIAA-CREF and, most recently, with VALIC. He is located in the Raleigh, North Carolina, office.
- Richard H. Reed will also act as a vice president and senior consultant, joining the firm to focus on corporate retirement plans. He has 25 years of experience in the financial services and retirement plan arena, most recently with Marsh & McLennan Agency. He works out of Segal’s Boston office.
The Segal Group (http://www.segalgroup.net) is a benefits and HR consulting firm. It is also the parent company of Segal Consulting, Sibson Consulting, Segal Select Insurance Services, Inc., and Segal Rogerscasey.