Nationwide Financial Services, a US-based insurance organization, has introduced Flexible Advantage, a new product to provide retirement plan specialist advisors with choice, flexibility and transparency.
The company said the new product, which builds upon Nationwide Financial’s existing 401(k) product suite, will offer retirement plan specialist advisors a diverse selection of investment options, no proprietary fund requirements, fee transparency, fee-based compensation and comprehensive support.
According to the company, the product’s key features include large selection of investment options, personalized investment options to help meet nearly every participant’s needs, upfront pricing, fiduciary tools and support, comprehensive plan support.
Nationwide Financial senior vice president of retirement plans Anne Arvia said Flexible Advantage offers the advisors complete flexibility and choice, allowing them to better support the diverse needs of their plan sponsor clients. The product was designed based on research and feedback from retirement plan specialist advisors.