Wachovia Retirement Services has upgraded and enhanced its Wystar recordkeeping platform.
Enhancements to the platform include standard and custom reporting, age-based investing and participant level auto rebalance.
According to Joe Ready, director of Wachovia Retirement Services, “These latest enhancements streamline our clients’ administrative process while offering convenient ways for participants to maintain an appropriate asset allocation until retirement.”
“Our goal is to provide sponsors with plans that make it easy and convenient for participants to save for retirement,” said Keith Sykes, defined contribution product manager, in the announcement.