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Securian Retirement Adds Web-Based Tools for Advisors

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ST. PAUL, Minn. - (BUSINESS WIRE) - Financial advisors who want to learn more about the compensation opportunities available with retirement plan sales can now quickly crunch the numbers and see how retirement plans can help shape their practice

Securian Retirement's new online Compensation Calculator shows how new sales combined with asset growth build compensation over time. Advisors enter expected cash flow and asset transfers and then choose from the many compensation schedules available. It creates an illustration that shows how the compensation grows over time.

"A retirement plan provides access to a captive audience of prospects for additional sales and another revenue stream for advisors," said Bruce Shay, executive vice president, Securian Financial Group, Inc. "We support our advisors every step of the way with prospecting, plan design and ongoing sponsor and participant support. We want them to be able to provide excellent service that generates referrals."

Referrals are a significant aspect of the retirement advisor's experience with Securian. In a recent PLANSPONSOR survey, Securian Retirement had the highest percentage of clients - 94.4 percent - who are "extremely likely to recommend" the company as a retirement plan provider. Securian's retirement plans are offered as group variable annuity contracts issued by Minnesota Life Insurance Company.

Fiduciary Focus

Advisors can help support their clients in their role as fiduciary by providing educational resources to help them understand and complete these important tasks. Fiduciary Focus, Securian Retirement's qualified plan guide, is now even easier for advisors to use. This online tool offers checklists, definitions, templates, topic summaries and more. Advisors may choose from a broad range of sections or topics in Fiduciary Focus, add their names and contact information to the materials, and share them with clients to address specific needs or questions.

With the new fiduciary-related ERISA regulations proposed by the Department of Labor, it is more important than ever that advisors have access to information that helps them steer their clients through the complex regulatory environment.

Where plan sponsors and their advisors are concerned, Securian Retirement's depth of expertise in fiduciary matters is unequaled in the qualified retirement plan industry. Securian has formed a strategic alliance with a third-party investment manager that advisors can offer their clients as an option for reducing the risk associated with managing investment options within qualified plans.

For more information about the services Securian Retirement provides for advisors, go to www.SecurianRetirementCenter.com, click on "Go" in the Financial Professionals section, and register for access to the wealth of knowledge and support offered there.

Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation's largest financial services providers, it is the holding company parent of a group of companies that include Minnesota Life Insurance Company.

DOFU - 01-2011
A00463-0111

Securian
Maggie Jensen, 651-665-7558
Media Relations Consultant



 
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