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June 18, 2014 at 10:29 AM
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.
