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BISYS Puts Retirement Plan Data On Web

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NU Online News Service, Nov. 24, 2003, 12:14 a.m. EST – The retirement services unit at BISYS Group Inc., New York, has introduced LinkinSight, a Web-based system that will give employers, financial advisors and benefit plan administrators access to detailed retirement plan information.[@@]

The information will include plan balances, participant activity data and enrollment tools as well as standard census data, BISYS says.

The system also includes tools for handling procedures such as testing for compliance with federal tax regulations, changing contribution elections, transferring fund balances and requesting loans.

Financial advisors can use the system to create up to 15 different fund portfolios, BISYS says.