Securian Offers Fiduciary Tools to Advisors and Employers
ST. PAUL, MN, August 3, 2010 -- The legal responsibilities employers accept when they sponsor retirement plans are among their most pressing concerns, according to a June 2009 PLANSPONSOR survey.
Securian Retirement's Fiduciary Clarity program offers advisors the means to help educate employers so they feel confident they are managing their investment and administrative fiduciary responsibilities as required by federal law.
"Employers are required to manage retirement plans with their employees' best interests at heart," explains Bruce Shay, executive vice president, Securian Financial Group. "As plan fiduciaries, they demand resources from their plan providers to educate them so that they can fulfill those requirements. Fiduciary Clarity meets those needs as the most complete fiduciary assistance program on the market."
In addition to the comprehensive fiduciary support offered through Securian's full service retirement plan program, Fiduciary Clarity includes tools and information advisors can offer plan sponsors to help them meet their fiduciary responsibilities:
- Worksheets
- Checklists
- Online tools
- Investment due diligence resources
- Reports
- Templates
- Participant communications
"Our Fiduciary Clarity program is a result of our commitment to provide outstanding service that exceeds industry standards," said Shay. "With over 80 years of experience in the retirement industry, clients and advisors can feel confident that Securian has the knowledge and commitment to help them effectively manage their retirement plans and support employees in meeting their retirement savings."
About Securian
Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation's largest financial services providers, it is the holding company parent of a group of companies that include Minnesota Life Insurance Company, Advantus Capital Management, Allied Solutions, Capital Financial Group, Cherokee National Life Insurance Company, CNL/Insurance America, Personal Finance Company, Securian Financial Services, Inc., Securian Casualty Company, Securian Life Insurance Company and Securian Trust Company.
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