(March 27 – 17:00 ET) – Industrial Alliance Insurance and Financial Services is offering a new investment service to small business retirement committees — Dynamic Asset Management.
The company says the new service lets pension plan administrators delegate the follow-up of their portfolio to Industrial Alliance professionals, and provides access to funds that are often unavailable to small businesses.
The service supports retirement committees by allowing Industrial Alliance to assume the responsibility of following the markets and choosing the fund managers and the distribution of asset classes for their portfolio, according to Denis Deshaies, director, actuarial services, group pensions at Industrial Alliance.
“By pooling the investments of several retirement funds, Industrial Alliance makes these funds available at a very competitive rate,” Deshaies added.