Nationwide RetireAssist provides more options, flexibility

Columbus, OH - Nationwide Retirement Solutions has launched Nationwide RetireAssist, an advisor-friendly, multi-product solution designed to meet the unique retirement plan needs of generalist and specialist advisors, as well as their clients. The inaugural solutions under the RetireAssist umbrella are designed for advisor-sold 401(k) and 403(b) plans with less than $25 million in assets, addressing the differing priorities of each retirement planning advisor segment.

“Advisors know that employer-sponsored retirement plans aren’t ‘one size fits all.’ That’s why we created Nationwide RetireAssist as a suite of solutions helping advisors recommend a plan that meets the varying needs of their clients and fits well within their own business strategies,” said Rich Porter, senior vice president of Nationwide Retirement Solutions Distribution. “This suite helps position advisors for success with their retirement plans business, meets plan sponsor needs and includes high-touch service and support for participants.”

Nationwide RetireAssist Core, designed to appeal to advisors who value a turnkey plan for their clients, offers the following features:

• A competitive, single-priced solution with simplicity that still meets clients’ needs
• Set of 300+ funds to streamline plan set-up and management
• Well suited for smaller plans with less than $10 million in assets

Nationwide RetireAssist Flex, designed to appeal to advisors who want options, offers:

• A customizable solution with à la carte options to provide flexibility in plan design and pricing
• An open architecture fund universe with more than 2,000 funds
• Well suited for larger plans between $10 million and $25 million in assets

Additional solutions will be added to the suite to keep pace with advisor and client needs with the next product focusing on group plans.

More information about Nationwide RetireAssist can be found here.