ASAE announced the launch of its ASAE Retirement Trust. The Trust, created through ASAE Business Services, Inc. (ABSI)—ASAE’s wholly-owned subsidiary, aims to deliver a retirement plan that is designed to help organizations address two pressing talent management challenges: financial retirement readiness among current staff and attracting and retaining high quality, skilled employees.
“We wanted to build a retirement program that’s unique to the association market and reflects the values of our community,” said President and CEO John H. Graham, IV, FASAE, CAE. “The ASAE Retirement trust delivers essential features, customized for the association market, and provides experts who will advise and monitor investment choices and take care of plan administration.”
Empower Retirement, the nation’s second largest retirement services provider, has been engaged to market and distribute the plan within the association and nonprofit community.
ASAE stated that organizations need a high quality, competitive retirement plan and that its ASAE Retirement Trust fills this business need. Through the ASAE Retirement Trust, organizations gain access to institutional pricing that’s often out of reach for many associations and nonprofit organizations.
