Bringing you live news and features since 2006 

CUNA and ERS team up to offer fiduciary outsourcing services

RELATED TOPICS​

CUNA Mutual Retirement Solutions is partnering with Envestnet | Retirement Solutions (ERS) to help financial advisers and plan sponsors meet their fiduciary obligations.

Changing market dynamics and evolving regulations have led many plan sponsors and plan advisers to consider outsourcing alternatives to ensure they fulfil their fiduciary responsibility.
 
ERS' Fiduciary Advantage delivers fiduciary protection to the retirement plan marketplace. Powered by technology, institutional-calibre research and an experienced staff of investment professionals, ERS helps enhance the plan sponsor/plan adviser relationship with fiduciary support and regular investment monitoring.
 
"We believe ERS will deliver the level of customisation advisors expect, along with an integrated platform that will bring both value and ease of use," says Chris Phillips, director of institutional sales for CUNA Mutual Retirement Solutions. "This plan fiduciary solution will provide enhanced data integration, research and analytic tools, as well as comprehensive reporting. It's everything retirement plan advisers and plan sponsors are looking for to meet their obligations to participants."
 
ERS uses both qualitative and quantitative criteria, and its proprietary ERS SCORE (Style, Cost, Organisation, Risk and Execution) methodology, to examine prospective financial products to ultimately provide a workable subset of investments.
 
"CUNA Mutual Retirement Solutions' central objective is to improve outcomes for advisers, plan sponsors and their participants, and we believe our Fiduciary Advantage is a strong complement to their mission," says Babu Sivadasan, group president, Envestnet | Retirement Solutions. "Outsourcing investment selection and monitoring doesn't just give plan sponsors peace of mind to focus on their businesses – it also gives advisers more time to work with their plan sponsor clients."

Latest News

ETF transaction volumes at SIX Swiss Exchange continued a positive trajectory during Q1 2024, the firm says, writing that, in..
Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by