Enables plan sponsors, participants and advisors alike to effectively manage all of their qualified and non-qualified benefit programs
Prudential Retirement and MullinTBG are working together on resources and solutions that provide retirement plan access. The new Total Retirement Solutions (TRS) compatibility established between the two companies’ benefit platforms enables plan sponsors, participants and advisors alike to effectively manage all of their qualified and non-qualified benefit programs.
Mike Shute, CEO of MullinTBG, said: “The integration of critical Prudential Retirement and MullinTBG business systems streamlines how information is relayed, providing essential benefits to our clients, advisor partners and executive participants. There’s now a single payroll feed, consolidated benefit statements, single sign-on access to qualified and nonqualified plans and financial planning tools, and coordinated call center functionality to handle inquiries about all accounts.”
The plan to coordinate administrative functionality between Prudential Retirement and MullinTBG was initiated in the fall of 2008, when Prudential entered into an agreement to acquire MullinTBG Insurance Agency Services. The TRS platform has now been enhanced with a set of non-qualified plan services that creates a benefits program offering for clients.
Jamie Kalamarides, senior vice president of Retirement Solutions at Prudential Retirement, said: “With long-tenured industry experts and market-leading products and services in all key retirement benefit areas, we provide the resources crucial to addressing retirement income challenges, longevity risks and market volatility.