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Great-West To Offer 401(k) Money Management Service

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NU Online News Service, June 4, 2004, 12:21 p.m. EDT – Great-West Retirement Services, Greenwood Village, Colo., will be using a unit of Ibbotson Associates, Chicago, to manage retirement assets for members of Great-West retirement plans.[@@]

The unit will develop personalized investment portfolios for plan members who want professional investment advice. The unit also will put the money in respected investment funds, track the portfolios’ performance and rebalance the portfolios quarterly, Great-West says.

Great-West also will continue to provide traditional participant education.

Great-West is a unit of the Power Corporation of America, Montreal.


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