PGIM, a leading global investment management firm, recently announced a strategic partnership with iJoin, a digital platform that simplifies the retirement account rollover process for employees. This collaboration aims to extend the reach of PGIM’s RetireWell™ Managed Accounts to a wider audience.
Expanding PGIM’s Presence in the Retirement Market
With this partnership, PGIM aims to expand its presence in the retirement market by offering its managed accounts to a larger pool of potential clients through iJoin’s digital platform.
Streamlined Rollover Process
iJoin’s rollover process involves a few simple steps: participants complete an online form to initiate the transfer, receive instructions on how to move their assets, and monitor the progress of their transfer in real-time. This eliminates the need for manual paperwork and phone calls, saving both time and resources for all parties involved.
Enhancing PGIM’s RetireWell™ Managed Accounts
By integrating with iJoin, PGIM’s RetireWell™ Managed Accounts are now more accessible to a broader audience. These accounts offer personalized investment strategies, professional management, and ongoing guidance to help participants prepare for their retirement goals. The collaboration with iJoin is expected to drive growth in PGIM’s retirement business, as more employers look to offer their employees a comprehensive suite of retirement solutions.
Streamlining Retirement Administration
The partnership between PGIM and iJoin also focuses on streamlining retirement administration for employers. By using iJoin’s platform, employers can easily manage their employees’ rollovers and track the progress of each transfer. This simplifies the administrative process for HR departments and ensures a smoother transition for participants, ultimately leading to increased employee satisfaction and engagement.