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The Standard Surpasses $1 Billion Milestone in PEP Assets

The Standard Surpasses $1 Billion Milestone in PEP Assets

Employers are busier than ever and it is clear they are time-strapped and eagerly seeking relief. These factors created an ideal environment for The Standard’s PEP solution, a private-labelled offering advisors have been quick to embrace.

“Successful PEPs reflect the strong partnerships that allow us to provide retirement products that work for everyone,” said Ted Schmelzle, second vice president of retirement plan services at The Standard. “Our PEP strategy is a natural extension of our approach to standalone plans, which is based on our strong customer service proposition, industry-leading fiduciary responsibility programs and emphasis on providing easy-to-implement solutions for employers.”

“Our PEP strategy is a natural extension of our approach to standalone plans, which is based on our strong customer service proposition, industry-leading fiduciary responsibility programs and emphasis on providing easy-to-implement solutions for employers.”

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Employers are busier than ever and it is clear they are time-strapped and eagerly seeking relief. These factors created an ideal environment for The Standard’s PEP solution, a private-labeled offering advisors have been quick to embrace. The result is more efficient teams and significantly reduced time spent by employers on plan administration.

The Standard has more than 85 years of dedicated experience in retirement plans on a national scale. The company has a long history of designing and administering investment options for 401(k), profit sharing, money purchase, 403(b), MEP/PEP, 457 and defined benefit plans. Clients include corporations, government agencies and nonprofit organizations in a wide range of industries.

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