RolloverSystems Adds American Century Investments and New York Life to Network
Partnerships Allow Plan Participants to Access Diverse Investment Options and Decades of Financial Experience
CHARLOTTE, NC, December 8, 2004 -- RolloverSystems, Inc., the leader in technology-based 401k rollover solutions, announced today that investment powerhouse American Century Investments and insurance giant New York Life Insurance Company will begin offering retirement savings products and services through the RolloverSystems Network.
"We're very pleased to now offer American Century Investments and New York Life products to our customers via the RolloverSystems Network," said RolloverSystems chief executive officer Reginald Bowser. "Partnerships with these top notch financial institutions expand the breadth of our offering and empower consumers with more choices. Plan participants may benefit from the experience and wide range of investment options."
New York Life brings new products to the RolloverSystems offering, which currently includes IRA products and services from Fidelity Investments, Charles Schwab & Co., J.P. Morgan Chase, TD Waterhouse, and Harrisdirect.
American Century Investments brings its new My Retirement Portfolios funds, launched in August of 2004. The funds are designed to fit each individual investor and adjust allocations and risk levels according to their retirement schedule.
"These partnerships clearly speak to the momentum we're generating in the marketplace as a complete, outsourced rollover solutions provider," said Bowser. "RolloverSystems has further positioned itself as the leader in this newly defined category."
RolloverSystems' platform, available at www.rollovermarket.com, enables rollover candidates to fill out one form, instantly compare multiple offers from top financial institutions, and then initiate the rollover transaction online.
About RolloverSystems
RolloverSystems is the leading provider of technology-based 401k and 403(b) rollover products and services for financial institutions, plan sponsors, and HR technology companies. The company helps financial institutions capture new Rollover IRA customers and selectively retain corporate retirement plan assets as Rollover IRAs. In addition, RolloverSystems helps plan sponsors and plan providers save time and money by outsourcing rollover transactions and enabling more terminated participants to select a rollover option. The company operates the only open exchange that matches retirement plan participants with a network of top-tier financial institutions. For more information on RolloverSystems, please visit www.rolloversystems.com.
About American Century Investments
American Century Investments is a leading investment manager with more than 45 years of experience helping investors achieve their financial goals. Serving institutions, corporations, investment professionals and nearly 1.5 million individual investors, American Century Investments offers a broad array of products across a variety of investment disciplines.
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