John Hancock Retirement Income & Rollover Solutions recently formed a new unit designed to assist 401(k) plan participants who wish to consolidate their retirement accounts into their qualified retirement plans with John Hancock.
The Consolidation Services group — which presently includes 13 employees with three positions to be added in the near future — will relieve some of the administrative burden from plan sponsors and their financial advisers, who often try to provide such guidance, but for whom it is a major distraction from their main responsibilities, John Hancock says.
Register or login for access to this item and much more
All Employee Benefit Adviser content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access