Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > Asset Managers

Principal Develops Defined Benefit Pension Asset Review Program

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Nov. 11, 2003, 4:33 p.m. EST – Principal Financial Advisors Inc., an investment advisory unit of Principal Financial Group Inc., Des Moines, Iowa, has introduced the Principal Strategic Asset Review program.

Principal is aiming the review program at sponsors of defined benefit retirement plans with more than $25 million in assets.

The program will review the assets and liabilities of a defined benefit plan, analyze the match between assets and liabilities, come up with an asset-allocation strategy, forecast plan funding and expense information, and develop a plan investment policy.

Principal says it has designed the program so that it can share the work with investment advisors, pension consultants and other intermediaries.

The cost of the asset-liability analysis services usually will be be fixed, and the fee for ongoing investment consulting services will be based on assets, Principal says.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.