Ascensus teams up with Capital Group for PEP

Ascensus said it will begin offering the Ascensus American Funds Pooled Employer Plan on its independent, open-architecture recordkeeping platform beginning in spring 2024.

The new investment solution is focused on creating a unique portfolio that matches a participant’s financial needs more closely than a traditional target date fund allocation determined only by age. Wilshire will serve as the 3(38) fiduciary.

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