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Roundup: MassMutual teams up with Penbridge for pension risk transfer services

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MassMutual teams up with Penbridge for pension risk transfer services

Massachusetts Mutual Life Insurance Company (MassMutual) is participating in the Penbridge Pension Risk Transfer (PRT) Database, which provides corporate pension plans and their advisors with critical pension risk transfer information, according to a press release from Penbridge Advisors. MassMutual currently services more than 100,000 annuitants on behalf of approximately 500 pension buyout contracts that represent $3.0 billion of assets under management (AUM).

Steve Keating, co-founder and principal of Penbridge Advisors, noted that MassMutual’s participation in the Penbridge PRT Database will add to the valuable information available to plans and advisors that seek to evaluate pension de-risking alternatives. The PRT Database provides registered users with an overview of major PRT providers, inventory of available products, contract parameters, financial due diligence information, screening tools, pricing data and up-to-date information on each PRT provider’s financial strength and relevant industry research.

Van Mueller joins 3-Mentors as exclusive sales and marketing coach

Van Mueller, a financial advisor, trainer, author of “The Close” monthly column for Retirement Advisor magazine and platform speaker, has partnered with FMO 3-Mentors as an exclusive sales and marketing coach. 3-Mentors affiliated advisors will now have the opportunity to participate in hands-on training, group coaching and one-on-one mentoring on Van Mueller’s sales and marketing processes.   

Van has been a successful advisor for more than 40 years and has spoken to tens of thousands of advisors at hundreds of industry events over the years. He is a long-time member of Million Dollar Round Table and has served the organization in many roles. Van has received the Milwaukee NAIFA Distinguished Service Award and was recognized as a Diamond Knight of the Million Dollar Round Table Foundation. 

Allianz Life keeps ongoing commitment to employees’ well-being 

Allianz Life Insurance Company of North America (Allianz Life) has been named one of the Top 100 Workplaces in Minnesota for the fifth consecutive year. The Top 100 Workplaces Award recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. The analysis included responses from more than 58,000 employees at Minnesota public, private and nonprofit organizations. 

“In addition to our commitment to employee development and communication, we also focus on their overall well-being, including financial fitness, healthcare, and stress management. By helping our employees succeed across several dimensions, we not only help our business succeed, but also build our reputation as a great place to work,” said Allianz Life president and CEO, Walter White.

Securian Financial Group names new CEO

Securian Financial Group announced that their current president, Christopher M. Hilger, will also serve as chief executive officer, effective January 1, 2015. Securian’s current chairman and CEO, Robert L. Senkler, will retire from active management after serving as CEO for 20 years and will remain as chairman of the board of directors. Hilger, 49, will be the thirteenth CEO in Securian’s 134-year history. He was appointed president in 2012.

Hilger also serves as CEO of Allied Solutions, LLC, a Securian subsidiary headquartered in Indianapolis, IN. He holds a bachelor’s degree from Indiana University. Although he grew up in Indianapolis, Hilger was born in St. Paul and has deep roots in the community. He currently serves on the board of Minnesota Philanthropy Partners and is a former member of the board of the American Bankers Insurance Association.

Guardian Retirement Solutions receives 2014 ICMI’s BEST QA/Customer Experience Program Award

Guardian Retirement Solutions(TM) was recognized by the International Customer Management Institute (ICMI) for improving both the customer and agent experience within the Annuity and 401(k) marketplace with new tactics. Guardian Retirement Solutions(TM) offers administrative support services, including participant recordkeeping as well as marketing, enrollment and educational materials, provided by the Guardian Insurance & Annuity Company, Inc. (a wholly-owned subsidiary of the Guardian Life Insurance Company of America, New York, NY). 


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