Pacific Life, Newport Beach, Calif., has launched the Pacific Life Keystone Program, a micro 401(k) plan, as part of its ongoing expansion of retirement solutions. This new program targets the small retirement plan market, allowing financial professionals to provide bundled retirement plan solutions to business owners. In addition, the Keystone Program addresses the key needs of small business retirement plan sponsors — fee transparency, diversified investment options, and dedicated service and support.

The Keystone Program combines the strengths of the Portfolio Optimization Funds, offered through Pacific Life Funds, and Ascensus, Inc., a retirement plan service provider, to provide this employer-sponsored 401(k) plan solution for small businesses.

Also, as part of Pacific Life’s unique consultative strategy, financial professionals will be supported by Pacific Life’s internal and field wholesalers, Retirement Plan Consultants, and Advanced Marketing Group.

The Keystone Program provides fee transparency, investment flexibility, and a simplified implementation process. Investment options include access to Portfolio Optimization Funds — five target-risk funds that range from conservative to aggressive. In addition, plan sponsors may choose from a variety of other investment options to ensure that they receive a plan tailored to the individual needs of participants.

For more information, visit www.PacificLife.com.