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Article: The Bank of New York and New York Life Investment Management LLC Retirement Plan Services Form Marketing Alliance; Offering Bundled Defined Benefit Services To The Bank's Mid- and Large-Market Plans.
- Article from:
- Business Wire
- Article date:
- October 3, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK & PARSIPPANY, N.J. -- The Bank of New York and the Retirement Plan Services division of New York Life Investment Management LLC, announced that they have formed a marketing alliance enabling The Bank of New York to offer bundled pension services to its mid- and large-size plan sponsor clients.
As a result of this marketing alliance, the firms will offer a cost-effective, bundled pension program that brings together The Bank of New York's expertise in trust, custody, and risk management with DB Complete(R), NYLIM Retirement Plan Services' bundled defined benefit platform. DB Complete draws together the services associated with managing a pension plan, ...