Products April 5, 2011
Vanguard Offers Service for Terminating DB Plans
April 5, 2011 (PLANSPONSOR.com) – Vanguard is offering a new service to help participants in terminating defined benefit plans make informed payment decisions.
Reported by Rebecca Moore
Vanguard has created Vanguard Pension Reinvestment Services. At no charge to participating plans, the service provides participants with clear, unbiased education and information through phone consultations with noncommissioned Vanguard Certified Financial Planner (CFP) professionals.
“For many participants, this kind of counsel from a professional planner may mean the difference between jeopardizing their retirement security and helping to protect it,” said Vanguard Chief Actuary Evan Inglis, in a press release.