MassMutual‘s Retirement Services Division was named “Retirement Leader of the Year” at the 19th Annual Mutual Fund Industry Awards held in New York on April 5.
MFS chairman emeritus Robert Pozen has long been a strong advocate for auto-enrollment and other measures in recent years to help individuals save for retirement, advising Presidents Bush and Obama on the issue, as well as former Gov. Mitt Romney of Massachusetts.
The awards are presented annually to companies from across the industry that are singled out for their achievements and contributions over the previous year.
According to the company, “Retirement Leader of the Year” is awarded to a firm “that has made a key impact on growing retirement assets with unique retirement solutions, advertising/marketing campaigns and significant contributions to the retirement industry at large. The award is an honor that reflects industry-wide recognition of MassMutual’s accomplishments throughout 2011.”