Participant Services for DB Plans
Lump Sum & Pension Elections No one takes participant services more seriously than we do. A recent high-profile lawsuit, for the first time, demonstrated that companies can be sued for poor participant communications and assistance.
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With our Lump Sum Analyzer (LSA), education, and participant consultants we provide an enhanced participant experience, increased goodwill, and potential reductions in fiduciary liability.
Aimed at improving the Participant’s Experience, our services, systems, and consultants can help participants and plan sponsors alike.
Education The process begins with information. Participants are offered access to lump sum election education forums/meetings. They allow members to ask questions about their options and get as much information as they need/want to make their decision. Systems – The LSA (Lump Sum Analyzer) Our online system helps users decide which option is best for them and their retirement, independent of any product, carrier, company, etc. Participant Consultants The personal, human touch. Working with specially trained advisers all participants can access unbiased advice regarding their election and retirement planning during the election period. Consultations are available online, over the phone, and in person where practicable. Waiting for rates to rise?
The efficacy and timing of de-risking moves often comes down to where you think interest rates are going. The conventional wisdom for years now is that rates are heading up, and most think that pulling the trigger on buying annuities and/or offering lump sums is just not a good idea. Why? Because as rates go up the price of Single Premium Group Annuities (SPGAs) go down. Likewise, the cost of lump sums. This conventional wisdom has largely proven wrong over the past decade as rates have continued a long trend downward. For more about de-risking in a low interest rate environment click here. |
Raymond James’s PRT Group and CESCrews
The Raymond James Pension Risk Transfer (PRT) Group brings a national presence with highly experienced advisers in your area. CES-CREWS systems and consultants bring what’s needed to complement these advisers and provide proactive results to plan sponsors. For more information contact: |
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Contact Us:
Florida Craig Johnson, ChFC® [email protected] Dusty Johnson, CFP®, AIF® [email protected] (888) 520-7526 / Website Louisville Russell Cotton [email protected] (502) 569-4116 / Website NYC-Metro Joe Bartumioli [email protected] (516) 364-7489 / Website |
For more download our brochure:
Participant Services for DB Plans 
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