Nationwide Financial will introduce Plan Advisory Service, a fee-based payment option to be available to Registered Investment Advisors and Certified Public Accountants who provide qualified retirement plans to clients through a fee arrangement rather a commissioned basis.

With this option, RIAs and CPAs can now advise on Nationwide’s retirement plan without being a registered rep. "This new option provides a fee-only choice for RIAs and CPAs to offer business-owner clients quality retirement programs aimed at attracting and retaining valuable employees," said Michael Butler, senior vice president of retirement plan sales for NFS Distributors, Nationwide’s distribution arm.

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