Financial Services Industry
Industry: Email Alert RSS FeedLipper, McHenry teaming up on retirement tool; Analysis to be geared to plan sponsors as well as advisers.(News)
Investment News, September, 2006
Byline: Lisa Shidler Lipper Inc. today is announcing that it is partnering with The McHenry Group LLC to launch the Lipper Retirement Solutions Platform. The New York-based fund research firm said the online tool will aid advisers in analyzing, comparing, monitoring and reporting their clients' retirement plan investments.
This product will give advisers and companies a thorough examination of investments going beyond traditional performance ratings, said Richard Malconian, global head of retirement services with Lipper. "It allows institutions to get best practices and achieve scale,'' he said. "From an investment adviser, that's very important. Let's face it: It's becoming a very competitive business environment going forward.'' The...
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