NU Online News Service, Oct. 12, 2004, 5:32 p.m. EDT
NYLIM Retirement Plan Services, Parsippany, N.J., has developed a new program to help members of 401(k) plans save for retirement.[@@]
The new “managed account” program will combine retirement income projections, efforts to encourage workers to save more and professional investment advice from a unit of Morningstar Inc., Chicago, according to NYLIM, a unit of New Life Insurance Company, New York.