American Express Retirement Services is offering a free educational service for defined contribution and pension plan sponsors. Called Plan Sponsor Ed, it is designed to keep those managing 401(k)s and other types of retirement plans abreast of news and key issues in managing such plans. Plan Sponsor Ed is based on training courses that American Express developed for its own employees.
"We invest a great deal in training and educating our account team professionals to meet a constantly changing retirement plan environment," said John Baker, chief operations officer at American Express Retirement Services. "Our plan sponsor clients face the same challenges to stay current on regulations and trends. Plan Sponsor Ed is a way for us to add value by offering interactive courses that our clients benefits professionals can easily access."