DWS Scudder announced today the launch of ClientScope(TM), an innovative, proprietary analytical tool to assist plan sponsors and financial advisors in evaluating their defined contribution plan's competitiveness while helping them to address their fiduciary responsibilities. A unique multi-step methodology provides a current plan snapshot and offers proactive solutions to help ensure plan sponsors and financial advisors are administering a plan in a way that provides the most benefit for participants.
BOSTON (Business Wire EON) March 20, 2008 --
DWS Scudder announced today
the launch of ClientScope™, an innovative,
proprietary analytical tool to assist plan sponsors and financial
advisors in evaluating their defined contribution plan’s
competitiveness while helping them to address their fiduciary
responsibilities. A unique multi-step methodology provides a current
plan snapshot and offers proactive solutions to help ensure plan
sponsors and financial advisors are administering a plan in a way that
provides the most benefit for participants.
Using ClientScope, a dedicated relationship manager examines a plan’s
effectiveness annually in four vital categories: investments,
administrative services, ERISA/compliance and communication & education.
A personalized report of the plan’s overall
offering within each category is generated and actionable, proactive
recommendations for potential enhancements are then provided.
Roger Gray, Head of Relationship Management for DWS
Scudder Retirement Services said, “ClientScope
is a sophisticated product that represents a new generation of
easy-to-use diagnostic tools for plan sponsors to better service their
participants. Its development further proves our commitment to providing
innovative tools and services that address the evolving needs of our
plan sponsors. By providing proactive and personalized action steps for
plan enhancements, ClientScope will help sponsors offer a retirement
plan benefit that strives to provide participants with successful
retireability in the 21st century.”
ClientScope is designed to respond to plan sponsors’
and financial advisors’ search for an
advanced resource to evaluate key aspects of a plan against best
practices and help to streamline the fiduciary process. ClientScope goes
a step further by delivering a personalized report with recommended
enhancements to help exceed client expectations.
With over $39 billion under management in retirement-related assets (as
of 12/31/07), DWS Scudder has nearly 30 years of experience in the
retirement planning space and in the development of products that meet
the needs of plan sponsors and advisors.
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NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE
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NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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About DWS Scudder
DWS Scudder is part of
Deutsche Asset Management, which is the marketing name in the US for the
asset management activities of Deutsche Bank AG, Deutsche Bank Trust
Company Americas, Deutsche Investment Management Americas Inc. and DWS
Trust Company.
About Deutsche Asset Management
With approximately $815 billion in assets under management globally (as
of 31 December 2007), Deutsche Bank’s
Asset Management division is one of the world's leading investment
management organizations, not just in size, but in quality and breadth
of investment products, performance and client service. The Asset
Management division provides a broad range of investment management
products across the risk/return spectrum.
About Deutsche Bank
Deutsche Bank is a leading global
investment bank with a strong and profitable private clients franchise.
A leader in Germany and Europe, the bank is continuously growing in
North America, Asia and key emerging markets. With 77,920 employees in
75 countries, Deutsche Bank offers unparalleled financial services
throughout the world. The bank competes to be the leading global
provider of financial solutions for demanding clients creating
exceptional value for its shareholders and people.
www.dws-scudder.com
www.db.com
DWS Scudder Distributors, Inc.
222 South Riverside Plaza
Chicago, IL 60606-5808
R-1914-1
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