Business & Finance
Business and Finance
Business and Finance
Tue, September 14, 2010 
NEWARK, N.J.--([ BUSINESS WIRE ])--[ Prudential Investments ] has launched a tool that helps financial advisors and their plan sponsor clients assess whether investments offered through retirement plans, including 401(k) plans, are adhering to the criteria in their investment policy statements. Prudential Investments is the mutual fund business of Prudential Financial, Inc. (NYSE: PRU).
"Most important, with the right tools, advisors can provide vital information to help their plan sponsor clients decide why they should include or exclude investment choices from retirement plans."
The free tool, called the IPS Scorecard, provides financial advisors with information to help plan sponsors determine whether existing investments measure up to their IPS criteria.
aFinancial advisors can play a critical role in helping plan sponsors to build and maintain retirement plans for employees,a said [ Michael Rosenberg, ] who leads Prudential Investmentsa™ defined contribution plan selling efforts. aMost important, with the right tools, advisors can provide vital information to help their plan sponsor clients decide why they should include or exclude investment choices from retirement plans.a
The IPS Scorecard provides institutional-quality reports that measure a range of selected criteria, including performance risk measures, portfolio manager tenure, expense ratios and others. Prudential created the tool exclusively for financial advisors who are looking to provide their plan sponsor clients with valuable support to defined contribution plans of any size.
aHelping plan sponsors to employ and document good decision-making processes as they choose investment options for their organizationsa™ retirement plans may be the most important service a financial advisor can provide. That goes a long way to helping these clients address their fiduciary responsibilities,a Rosenberg said.
The IPS Scorecard is the most recent addition to a suite of tools for financial advisors and complements Prudentiala™s Investment Review, which analyzes the mix of mutual funds in a retirement plan portfolio. For more information, advisors may call the Prudential Investments Sales Desk at 800-257-3893 and view a sample IPS Scorecard on the password-protected section of the companya™s website at [ http://www.prudentialfunds.com ].
Prudential Investments offers the expertise of Prudential Financiala™s institutional managers to individuals and retirement plans in a wide range of mutual funds and separate accounts.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $690 billion of assets under management as of June 30, 2010, has operations in the United States, Asia, Europe, and Latin America. Prudentiala™s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. In the U.S., Prudentiala™s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit [ http://www.news.prudential.com/ ].
Mutual fund investing involves risk. Some mutual funds have more risk than others. The investment return and principal value will fluctuate and shares when sold may be worth more or less than the original cost. There is no assurance a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus.
Consider the Funda™s investment objectives, risks, charges, and expenses carefully before investing.The prospectus contains this and other information about the Fund. Contact your financial professional for a prospectus and read it carefully before investing.
Mutual funds are distributed by Prudential Investment Management Services, LLC, a Prudential Financial company and member SIPC.
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