Judy Diamond Associates, a division of Summit Business Media, publisher of LifeHealthPro.com, has launched Retirement Plan Prospector, an Internet-based sales prospecting and plan analysis tool targeted for defined contribution and defined benefits market professionals.
Information included in Retirement Plan Prospector was culled from the Form 5500 disclosure documents submitted to the Department of Labor by ERISA-qualified retirement plans as well as the market research of Judy Diamond and various third parties. It includes data on more than 750,000 plans nationwide.
“Until now, retirement market professionals looking to identify new leads and market trends needed the time and expertise to search through mountains of dense plan data to find the leads and actionable intelligence they needed,” said Eric Ryles, managing director of Judy Diamond Associates, in a statement. “With Retirement Plan Prospector, we do the work for them so they can focus on their businesses. Our plan scorecards allow for quantitative comparisons across plans while our suite of prospecting recommendations and key performance thresholds guide subscribers through the data.”
Judy Diamond Associates subscribers include financial advisors, agents, brokers and other retirement professionals. The new online tool is an outgrowth of market research and testing with users such as Putnam Investments and Extraco Financial Services.
Sammons Retirement Solutions (SRS) has added new equity, bond and alternative investment options to its LiveWell Retirement Series of mutual fund IRAs and variable annuities. All told, 36 new mutual funds, eight new variable annuities options and four new fund companies are now available.
In the LiveWell Mutual Fund IRA series, the additions include socially responsible equity options; gold and global real estate funds; balanced funds; five international large-cap equity funds; and three high-yield bond funds.