ING has widened its fiduciary service offerings under the Employee Retirement Income Security Act (ERISA). The offering will help defined contribution plan sponsors better understand the Act. ING will launch the Portfolio Blueprint 3(38) for its retirement plan customers. Under the service, Morningstar Associates has been selected to handle the investment process for the plan. The service will enable employers to hand over fiduciary authority for the selection, ongoing monitoring and replacement of the plan’s investments to Morningstar.
Click here for the release from PR Newswire.