DWS Investments Launches ‘DWS Rollover Central’ - Insurance News | InsuranceNewsNet

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September 21, 2010
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DWS Investments Launches ‘DWS Rollover Central’

Online Resource to Guide Retirement Plan Participants through IRA Rollover Process

NEW YORK--(BUSINESS WIRE)-- DWS Investments, the US retail unit of Deutsche Bank’s Asset Management division, today announced the launch of DWS Rollover Central, an online resource to help guide retirement plan participants through the IRA rollover process.

DWS Rollover Central is accessible through DWS’ website: www.dws-investments.com, and through other third party record keepers. The site offers investment tools and educational features to help investors better understand the benefits of Traditional and Roth IRAs. It also simplifies the process of opening an IRA and selecting a financial advisor. Investors can use DWS Rollover Central to view a side-by-side comparison of available IRA providers and compare fees, funds, investment research tools and information about the application process.

DWS Investments has partnered with Wealth Management Systems Inc. (WMSI), the leading provider of web and technology based rollover services within the financial services industry. The DWS paperless process was designed to be completed online in as little as 15 minutes.

“The new IRA services offered through DWS Rollover Central provide our participants and investors with more choice, convenience and control,” says Ron Cohen, Head of DWS Retirement Services. “Employees who have separated from their employer’s retirement plan can effortlessly complete their IRA rollovers without time-consuming and complex paperwork, while researching their investment options. Our goal was to enhance the online experience for DWS participants by making the rollover event a more intuitive and convenient process.”

*******************************************************************************************************

About DWS Investments

DWS Investments is the US retail brand of Deutsche Bank’s global asset management division. DWS is the leading mutual fund brand in Germany and one of the most respected in Europe and Asia. With access to the expertise of a powerful global network in 16 countries, DWS Investments strives to make innovative investment strategies and solutions, traditionally reserved for institutions and high net worth individuals, available to the US retail investor.

DWS Investments manages over $122 billion (as of 6/30/2010) in retail and retirement assets in more than 175 mutual funds and variable insurance portfolios across all major asset categories in the US. Organizations under the DWS brand manage approximately $337 billion globally (as of 6/30/2010).

For more information, visit: www.dws-investments.com.

About Deutsche Asset Management

With approximately $709 billion in assets under management globally as of 30 December 2009, Deutsche Bank’s Asset Management division is one of the world's leading investment management organizations, not just in size, but in quality and breadth of investment products, performance and client service. The Asset Management division provides a broad range of investment management products across the risk/return spectrum.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 81,929 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

www.db.com

About Wealth Management Systems, Inc. (WMSI)

Wealth Management Systems Inc. is the leading provider of technology based rollover services within the financial services industry. WMSI’s platform significantly streamlines the rollover process for participants while addressing the unique needs of IRA Providers, Financial Advisors, TPAs, Recordkeepers, and Plan Sponsors. Additional information about WMSI is available at www.wealthmsi.com.

*******************************************************************************************************

DWS Investments is part of Deutsche Bank's Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company.

Investments in mutual funds involve risk. Stocks may decline in value. Bond investments are subject to interest-rate and credit risks. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increased volatility. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. There are additional risks associated with investing in commodities, high-yield bonds, aggressive growth stocks, non-diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses. Please read the prospectus for more information.

R-19039-1 (09/10)

DWS Investments
Lemuel (Lem) Brewster, +1 212-454-2085
Deutsche Bank Media Relations
[email protected]

Source: DWS Investments

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