LPL Financial and Millennium Trust have announced the integration of Millennium Trust's Automatic Rollover Solution to its Worksite Financial Solutions retirement planning services platform. LPL’s Worksite Financial Solutions provides a complete end-to-end solution for retirement plan sponsors and advisors, and addresses the needs of retirement plan participants throughout their financial lives.
Millennium Trust Company was one of the first to offer automatic rollover services to plan sponsors and now provides automatic rollovers to over 250 of the country's largest companies. “Our Automatic Rollover Solution saves plan sponsors time, money and valuable personnel resources, while preserving tax deferred retirement savings for its former employees,” says Millennium’s Terry Dunne. The Worksite Financial Solutions platform enables plan sponsors to help plan participants prepare for the future by promoting their financial well-being through financial education, accessible personalized advice and seamless account transition services.
