Pension Specialists, Inc

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc.
Opens Chicago Office Folsom, CA 27 July 2007 Retirement plan experts open new regional office to meet rising demand in the Central and Eastern United States Pension Specialists, Inc., a leading provider of retirement plan services to employers of all sizes, today announced the opening of a Chicago-area office. The new office will allow California-based Pension Specialists to better provide sales and communication services for new and existing clients throughout the Central and Eastern United States.

“Companies throughout the country are turning to us because of our investment option independence, low cost, and excellent service,” said Michael Walker, President of Pension Specialists. “We are very pleased to expand our operations into the Chicago-area to continue to build and support deep relationships with our clients and service partners. We already see this new office as a key component of our future growth and success.” Newly appointed Regional Vice President, Jeff Hockenbrock, will lead the Chicago office. Hockenbrock has been an integral part in the growth and success of Pension Specialists and is charged with expanding the office to eventually provide a full suite of client services, in addition to its current sales and communications capabilities.

“I am excited for the opportunity to better serve our Central and Eastern based clients, advisors and service partners,” said Hockenbrock. “My goal is to continue the growth and success of Pension Specialists, and at the same time, ensure client service remains our top priority. The office will initially handle sales and communications services, but our strategic goal is to add comprehensive account management services within a few years.” Pension Specialists, Inc. was founded in 1985 with the vision of providing the highest quality services to retirement plan sponsors, while remaining independent of any investment products or affilia

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc
Experiencing Record Growth Folsom, CA 15 May 2007 Flexibility, exceptional service driving factors Pension Specialists, Inc., a leading provider of retirement plan services to employers of all sizes, today announced that the company has reached record highs in clients, participants and plan assets in first quarter 2007. The company’s vast array of choices for plan sponsors and excellent service are key contributors to the growth.

“At Pension Specialists, we’re different,” says Vice President Robert Stebbins. “Because we don’t have proprietary investments, we are completely flexible with respect to the investment options offered within our clients’ plans. Plan sponsors and participants have told us how important that is to them.”

That difference can also be seen in the company’s commitment to service. “Providing the best service in the industry has been our guiding vision since the company began in 1985,” said Stebbins. “We truly do have our plan sponsor and participant clients’ best interests at heart.”

Because “how” the company does business has been so important to its success, telling that story is the focus of its new marketing campaign. Stebbins said, “We offer a flexible, low cost solution to plan sponsors and we want the marketplace to know that. Since plan sponsors can choose investments from the entire mutual fund universe, funds are forced to compete for a spot in the plan, dramatically driving down investment costs.”

The new marketing campaign includes an updated Web site focusing on how Pension Specialists brings a different way of thinking to the marketplace and how that benefits its clients. The website address is www.pensionspecialists.com.

Pension Specialists, Inc., was founded in 1985 with the vision of providing the highest quality services to retir

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc.
Announces New Bay Area, CA Office Location Oakland, CA 25 May 2007 Growth fuels need for additional office capacity Pension Specialists, Inc., a leading provider of retirement plan services to employers of all sizes announced today that it is relocating its Bay Area office as of June 1, 2007. The move will provide the firm with additional office space in order to accommodate its ongoing growth.

"With our continued expansion, our move to a high-rise building in downtown Oakland will enable us to better meet the needs of our growing client base," said Robert Stebbins, Vice President of Pension Specialists. "We're very excited about this and look forward to a smooth transition to the new location."

Pension Specialists’ new Oakland office address is 1330 Broadway, Suite 833, Oakland, CA 94612. Centrally located, it provides easy access to the greater Bay Area via freeway and public transportation. Oakland International Airport and San Francisco International Airport both are within 25 miles of the new office. In addition, the office space on the 8th floor of the 17 story office building will provide the firm with ample parking, room for further growth and numerous other amenities.

Telephone, fax and email addresses for employees relocating to the new office from the existing Oakland office will remain the same.

Pension Specialists, Inc., was founded in 1985 with the vision of providing the highest quality services to retirement plan sponsors, while remaining independent of any investment products or affiliates. Its staff of retirement plan professionals provides services to approximately 1,000 client plan sponsors throughout the country. Its clients range in size from small businesses to large, publicly traded corporations with tens of thousands of employees. Pension Specialists, Inc. offers bundled and unbundled retirement plan programs that provide clients wit

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc.
Experiences 4th Consecutive Year of Record Growth Folsom, CA 11 June 2008 Firm well-positioned as plan sponsors seek out open-architecture investment flexibility and fee transparency. - Pension Specialists, Inc. (“PSI”), a leading provider of retirement plan services to employers of all sizes, has experienced record growth for the fourth consecutive year in a row.

By capitalizing on marketplace trends toward open architecture investment flexibility and fully disclosed fees, PSI’s revenues and client base have increased significantly over the past four years. PSI’s investment independence and commitment to low-cost investments have been key drivers of this growth.

“Plan sponsors and participants are advocating for control over investment costs and fund menus in plans of all sizes. This fact, coupled with new regulatory and legislative initiatives regarding fee disclosure, makes a service provider like Pension Specialists extremely attractive to plan sponsors,” stated Michael Walker, president of Pension Specialists, Inc.

“This achievement is the result of the blending of strategic vision with superior client service by our team of retirement plan professionals,” added Robert Moore, CFO of Pension Specialists, Inc. Moore added that the growth in revenue over this period was at a 14% compound annual growth rate.

PSI offers clients several service options to appeal to a broad-base of retirement plan sponsors. Clients can work with PSI utilizing its fully-bundled 401kMAX product, or in an unbundled fashion working with an outside recordkeeping entity. In all cases, PSI’s focus remains clear – doing what is best for clients without any conflicts of interest.

Pension Specialists, Inc. was founded in 1985 with the vision of providing the highest quality services to retirement plan sponsors, while remaining independent of any investment products or affiliations. Our st

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc.
Experiences 5th Consecutive Year of
Record Growth Folsom, CA 23 January 2009 Pension Specialists growth continues at a record pace despite
volatile market environment. - Pension Specialists, Inc. (“PSI”), a leading provider of retirement plan services to employers of all sizes, has experienced record growth for a fifth consecutive year.

PSI continues to capitalize on marketplace trends toward open architecture investment flexibility and fully disclosed fees. PSI’s independence and commitment to low-cost investments have been key drivers of this growth. In addition, during a time period of unprecedented turmoil in the financial services sector, PSI has been able to capture market share by continuing its focus on servicing retirement plans. PSI has consciously avoided other lines of business that have proved detrimental to other providers.

“Our message about delivering conflict-free retirement services resonates now more than ever,” stated Michael Walker, president of Pension Specialists, Inc. “Plan sponsors and participants want stability and independence. Working with an independent service provider is an excellent way to achieve this end. Unlike most other financial services firms, we have no other lines of business that jeopardize our core mission of delivering high-quality services to plan sponsors and their participants.”

“We’re pleased to have seen record client and revenue growth despite the trying economic times,” added Robert Moore, CFO of Pension Specialists, Inc. Moore stated that the PSI’s 2008 revenue growth was at an 18% rate. PSI offers clients several service options to appeal to a broad-base of retirement plan sponsors. Clients can work with PSI utilizing its fully-bundled 401kMAX product, or in an unbundled fashion working with an outside recordkeeping entity. In all cases, PSI’s focus remains clear – doing what is best for clients without any conflicts

Press Releases

Tue, 07 Sep 2010 12:02:25 GMT

FOR IMMEDIATE RELEASE Pension Specialists, Inc. Launches Participant Investment Advice Service Folsom, CA 1 January 2009 AdvicePlus program will provide retirement plan participants with independent fiduciary advisory services. - Pension Specialists, Inc. (“PSI”), a leading provider of retirement plan services to employers of all sizes, is pleased to announce the rollout of participant advisory services.

PSI has partnered with MasteryPOINT AdvicePlus to deliver advice services to participants in plans utilizing PSI’s bundled 401kMAX platform. This service also positions PSI favorably to offer participant advice pursuant to the Pension Protection Act, once final regulations are issued.

“We’re excited about this enhanced service,” said Susan Krezanoski, PSI’s Vice President in charge of client services. “Participants need independent guidance and advice. AdvicePlus delivers conflict-free investment advice that fits nicely with Pension Specialists’ commitment to independence and high-quality service.”

MasteryPOINT’s AdvicePlus is a comprehensive, interactive retirement planning system that helps plan participants decide how to invest their money to reach their retirement goals. AdvicePlus provides employees with personalized recommendations for savings rates and percentage allocations to specific investment funds. AdvicePlus is a cost-effective tool for plan sponsors looking to provide a quality advice solution for their participants.

“We are very pleased that Pension Specialists has chosen to adopt AdvicePlus,” said Todd Bloomfield, MasteryPOINT’s president. “This decision demonstrates Pension Specialist’s commitment to providing quality online investment guidance and advice to their participants.”

PSI offers clients several service options to appeal to a broad-base of retirement plan sponsors. Clients can work with PSI utilizing its fully-bundled 401kMAX product, or in an unbundled fashion working with an o