John Hancock Funds unveiled a new program and a survey to help retirement plan advisers demonstrate their value and build stronger relationships with their plan sponsor clients.
The program includes a Guidebook, Wholesaler PowerPoint, and Plan Sponsor Toolkit.
"New Department of Labor regulations this year require retirement plan service providers to reveal investment expenses and fees to plan sponsors,” stated Gene Huxhold, senior managing director, Investment Only Retirement Plans. “The right adviser can help monitor and review fees to ensure compliance. Our materials illuminate insights and provide steps to boost the specific values that plan sponsors recognize and appreciate most about service the retirement plan advisers provide."
The new Guidebook from John Hancock Funds includes five key findings from the research study whereby plan sponsors offered observations about what retirement plan advisers bring to their plans including: Superior fiduciary expertise and improved compliance; improved plan design; advanced investment plan and more reasonable fees and overall plan costs.