Merrill Lynch introduced a new retirement planning network today, which combines the firm’s proprietary offerings with those of multiple partners. The new program, MLConnect, is designed for small- to mid-size retirement plans and is being sold to Merrill Lynch clients through the firm’s network of financial advisors.

Alliance partners BISYS and PAYCHEX will provide plan services for plans with less than $3 million in total assets. For plans with between $3 million and $50 million, sponsors can choose retirement plan arrangements offered by INVESCO, MFS Investment Management, OppenheimerFunds and State Street Research and Management Co., according to Merrill.

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