Published: August 04, 2011
Retirement Plan Sponsors Get More Disclosure Help from the Principal Financial Group
DES MOINES, Iowa - (BUSINESS WIRE) - In the aftermath of new disclosure requirements from the Department of
Labor (DOL), retirement plan sponsors are under more pressure to manage
their fiduciary obligations. The new Your Services web feature from
the Principal Financial Group can help
plan sponsor clients and their financial professionals comply with new
disclosure rules.
Designed to help plan sponsors better understand services they received
as a retirement plan client of The Principal, the
Your Services web feature gives plan sponsors a user-friendly profile of
services.
"The new Your Services web feature from The Principal is a great way to
help plan sponsors get the most out of their retirement plans," says
Monica Kirgan, vice president of retirement and investor services at The
Principal. "It gives them an at-a-glance view of their plan services
from The Principal, and it lets them see other available services that
may benefit their plan."
The Your Services feature:
-
Provides a macro view of the plan sponsor's retirement plan services
from The Principal
-
Shows descriptions of each service and whether or not the service is
active
-
Helps plan sponsors manage their fiduciary responsibilities by
identifying the services they receive from The Principal
-
Includes a printable summary of services report specific to their
services from The Principal
The Your Services feature is the latest in
a comprehensive set of resources from The Principal to assist
financial professionals and their clients with the new disclosure
regulations. The Principal has been making available in-depth education
and information since the regulations were unveiled, including:
About the Principal Financial Group
The Principal Financial
Group (The Principal®)1 is a
retirement and global asset management leader. The Principal offers
businesses, individuals and institutional clients a wide range of
financial products and services, including retirement, investment
services and insurance through its diverse family of financial services
companies. A member of the FORTUNE 500, the Principal
Financial Group has $335.8 billion in assets under management2
and serves some 16.5 million customers worldwide from offices in Asia,
Australia, Europe, Latin America and the United States. Principal
Financial Group, Inc. is traded on the New York Stock Exchange under the
ticker symbol PFG. For more information, visit www.principal.com.
Davis & Harman, LLP is not an affiliate of the Principal Financial Group
or any of its member companies.
1 "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
2 As of June 30, 2011.

Principal Financial Group
Terri Hale
515-283-8858
hale.terri@principal.com
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