July 28, 2006
DailyAccess Corporation Adopts Newkirk/MasteryPOINT GuidancePlus Solution
Internet-based Investment Guidance is Available to DailyAccess Participants Nationwide
Albany, NY
Newkirk, a leading provider of communication solutions for qualified plan providers, today announced that DailyAccess Corporation, a premier provider of retirement plan recordkeeping and administration services, has adopted Newkirk/MasteryPOINT's GuidancePlus solution to make online investment guidance available to plan participants nationwide.
“We are very pleased that DailyAccess has chosen to adopt GuidancePlus,” said Peter Newkirk, president of Newkirk. “This decision demonstrates that cost-effective online investment guidance is an acceptable alternative for plan administrators looking to provide a quality guidance solution to their participants.”
“We wanted to provide plan sponsors with an online investment guidance solution for their participants that would be comprehensive and affordable,” said DailyAccess’ Gregg Wood, COO. “GuidancePlus from Newkirk/MasteryPOINT is feature-rich and flexible, and can be efficiently integrated with our system.”
Implementation of DailyAccess’s GuidancePlus online investment guidance solution will be completed in early August 2006. DailyAccess will offer GuidancePlus to plan sponsors for their participants through the DailyAccess Participant Website.
About GuidancePlus
GuidancePlus is a part of Newkirk’s Participant Investor Services (NPIS). NPIS is a resource for retirement plan providers looking to offer cost-effective investment guidance; advice; mutual fund prospectuses; annual and semi-annual reports; and fund data sheets, as well as web tools and educational content, to their plan participants - all with online convenience.
GuidancePlus provides interactive education and guided near advice based upon information provided through a retirement plan provider’s recordkeeping system. The system uses this information and supplemental information provided directly by the participant to make specific asset class allocation recommendations. GuidancePlus provides information and tools to select mutual funds within those asset classes.
About DailyAccess Corporation
DailyAccess Corporation is a national provider of recordkeeping and administration services for retirement plans. To learn more about our award-winning service, contact DailyAccess at 888.535.4322 or visit www.dailyaccess.com.
About Newkirk/MasteryPOINT
For over 30 years, Newkirk has developed creative solutions to communication issues faced by financial institutions, professional firms, and managed care organizations. MasteryPOINT Financial Technologies is a Newkirk subsidiary that is the technological core of Newkirk’s Participant Investor Services. For more information, visit www.newkirk.com or call 800.525.-4237.
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