Invesco Aim Launches New Benchmarking and 401k Plan Review Tool
HOUSTON, TX, February 3, 2009 -- Invesco Aim announced today the launch of an enhanced Invesco Aim PlanForwardSM Module 3 — Benchmarking and Reviewing 401k Plans. This product-neutral marketing program offers financial advisors the opportunity to provide plan sponsors with a unique, in-depth 401k review process that includes:
- Analysis of plan design, investments and participant behavior, and plan oversight.
- Easy access to the right data for effective benchmarking and plan comparison.
- Suggestions to help enhance plan effectiveness for participants and sponsors.
"The newly designed module in our PlanForward series offers multiple tools and resources to help retirement plan financial advisors review and benchmark plans, a compelling attribute given recent regulatory and economic developments," said Terry Kelly, National Sales Manager-Retirement Division of Invesco Aim Distributors, Inc.
The centerpiece of the module is the Web-based DC PlanAnalyzer tool that allows financial advisors to:
- Benchmark plans against 2008 statistics from nearly 5,500 employers surveyed by PlanSponsor, a leading retirement plan publication.
- Benchmark plans against plans of comparable size in the same or similar industry, as well as across 35 industries.
- Create a customized plan report that offers analysis, comparison and plan-specific considerations for improving plan effectiveness.
Invesco Aim developed the PlanForward program to help financial advisors communicate and demonstrate their value to plan sponsors. The six modules cover some of the more important topics in the retirement marketplace, including managing fiduciary liability, fees and expenses, educating participants, conducting plan reviews, educating newer financial advisors about the retirement market and helping advisors move upmarket.
About Invesco Aim
Invesco Aim is dedicated to building solutions for its clients with exceptional products and services through multiple investment management styles and a broad range of investment portfolios – mutual funds, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.invescoaim.com. Invesco Aim sm is a service mark of Invesco Aim Management Group, Inc. Invesco Aim Advisors, Inc., Invesco Aim Capital Management, Inc., Invesco Aim Private Asset Management, Inc. and Invesco PowerShares Capital Management LLC are the investment advisors for the products and services represented by Invesco Aim; they each provide investment advisory services to individual and institutional clients and do not sell securities. Please refer to each fund’s prospectus for information on the fund’s subadvisors. Invesco Aim Distributors, Inc. is the U.S. distributor for the retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for the STIC Global Funds represented by Invesco Aim. All entities are indirect, wholly owned subsidiaries of Invesco Ltd.
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