NU Online News Service, March 13, 1:39 p.m. – The Charles Schwab Corp., San Francisco, is trying to turn the widely publicized problems with the 401(k) plan at Enron Corp., Houston, into a marketing opportunity.
The financial services firm is asking worried investors to come to it for a free “401(k) Checkup.”
The checkup includes a three-page report that reviews a consumer’s 401(k) plan and other retirement plans, discusses a consumer’s retirement goals and current investment strategy, and recommends any changes in asset allocations that Schwab says are needed to match the consumer’s investment strategy.
Schwab is distributing the checkup kit through its Web site, toll free telephone numbers and its 400 branch offices.