News

 

 

 

 

Photo of a man reading the paper

Press Release

Polycomp Expands Offerings With RolloverSystems Automated Rollover Services

TPA Innovator Offers Financial Advisors Efficient, Easy Way to Retain Clients and Handle Retirement Savings Plans

CHARLOTTE, N.C. and Woodland Hills, C.A. (April 4, 2006) -- RolloverSystems today announced that Polycomp, a California-based consulting leader of customized retirement plan and benefit administration with personalized service since 1974, will connect to the RolloverHQ™ platform. With RolloverSystems' technologies, Polycomp provides its financial advisors and plan sponsor clients direct access to automated rollover services.

"Polycomp prides itself in providing useful and effective tools for financial advisors and plan sponsors that offer customized retirement plans for companies and individuals," said Harry Veldkamp, CEO and co-owner of Polycomp. "Partnering with RolloverSystems gives Polycomp clients an efficient and easy way to retain their customers by streamlining the rollover process. Polycomp's end-users also benefit from this resource as they plan for their retirement."

Plan administrators like Polycomp increasingly view proactive rollover programs as a way to enhance and differentiate their services in the marketplace. The RolloverSystems program, to be offered under private label, enables financial advisors to serve the needs of more terminated plan participants with greater consistency and efficiency.

Using RolloverHQ, financial advisors who service retirement plans can take advantage of automated participant communications and a self-service transaction platform that includes a choice of IRA products. By pre-filling participant data and combining IRA account opening as well as benefit election in one place, RolloverHQ streamlines the rollover process and reduces the paperwork burden on all stakeholders.

"It's great for us to have a market innovator like Polycomp as a rollover services client," said RolloverSystems CEO, Reginald Bowser. "This relationship coincides with the build out of our RolloverMarket Professional Network of advisor-sold IRA providers. Not only will our service help plan participants, we think it will enable Polycomp to provide even greater value to plan sponsors and affiliated financial advisors."

About Polycomp

Since 1974, Polycomp is a consulting leader in providing customized retirement plans and benefit administration with personalized service. The company focuses its many services in areas ranging from retirement plans and self-directed IRAs to Cafeteria Plans and Association Trusts. With offices throughout California, Polycomp offers nationwide services. For more information, please visit www.polycomp.net.

Resources