Great West Retirement Services is at the forefront of the retirement services industry. It is the division of Great-West Life & Annuity Insurance Company that is entirely dedicated to providing retirement financial services. Headquartered in Greenwood Village, Colorado, it has regional offices throughout the United States and is licensed in all 50 states. It boasts more than 2.5 million defined contribution plan participants in various 401(k), 403(b), 457(b) and similar plans. Great West Retirement Services serves corporate, government, hospital and educational employees as well as individual participants.
The Services of Great West Retirement Services
Defined contribution retirement plans such as the 401(k) are usually sponsored by employers under rules established by The Employee Retirement Income Security Act of 1974 (ERISA) which dictates that an employer has a fiduciary duty to diversify investment holdings in retirement accounts. Often, this responsibility is outsourced to an established member of the retirement services industry and, often, this means the Great West Retirement Services.
Great West Retirement Services has a reputation for successful customer retention, responsive online services, and expanding marketing and educational programs.
The reliable fiduciary services of Great-West provide a solid edge for the companies it serves in recruiting and maintaining employees for whom retirement plans are increasingly an attractive employment benefit. The 401(k) plan participants profit from the Great West Retirement Services web site, online enrollment and diverse investment options.
Like Great West Retirement Services, FASCore is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company dealing with the defined contribution and deferred compensation market. FASCore provides record keeping and administrative services for plans large and small. Its services have expanded through partnership with banks, insurance companies, brokerage firms, mutual fund companies and other financial institutions.
In addition, the plans’ participants can receive objective investment information from Advised Assets Group, LLC, a registered investment advisor subsidiary of Great-West.
All-Round Services Through the all-encompassing services offered by the family of companies allied with Great West Retirement Services , companies and individuals can find just about everything they need in the way of investment services, insurance, retirement plans and annuities. Whether the need is for retirement plans for public, private or nonprofit employers or enrollment services, information material, investment options, and education services, employers can find help from Great-West. Time-tested, comprehensive administrative and record keeping services for financial institutions customized individual life insurance or annuity products are all easily accessible. In this age of dizzying change, it is reassuring to find a company like Great West Retirement Services that combines the latest in outreach technology with a long history of dependable fiduciary excellence.