Wednesday, March 18, 2015

UBS Rebrands Retirement Plan Consulting Business

UBS Wealth Management Americas has rebranded its retirement plan consulting business.

Formerly known as the DC Advisory Program, the retirement plan consulting business of UBS Wealth Management Americas has been renamed UBS Retirement Plan Consulting Services. UBS aims to better establish its service offering and commitment to the business and its plan sponsor clients.

UBS Retirement Plan Consulting Services provides sponsors with the following:

    Customized advice and direction for managing plan complexity;
    A retirement plan consultant who delivers advice through a firm with resources and capital; and
    Retirement plan consulting capabilities and financial experience to manage the challenges plan sponsors and participants face.

“Our goal is to help plan participants prepare for retirement by providing investment-related education that assists participants in making informed investment decisions,” says Gene Silverman, head of corporate retirement plans for UBS Wealth Management Americas.

Retirement plans and clients face a complex environment in light of ongoing regulatory changes, such as potential new Department of Labor fiduciary rules, UBS says. The consulting business conducted research within the industry, evaluating clients in order to better assist them. “As a result of plan sponsor demand for a consultant to help them manage their fiduciary responsibilities in this changing environment, our business is experiencing significant growth,” Silverman adds. “The retirement plan landscape has shifted, and plan sponsors today face heightened scrutiny.”

see more at: http://www.plansponsor.com/UBS-Rebrands-Retirement-Plan-Consulting-Business/

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