|Financial Engines’ Rennie Worsfold Named to the U.S. Department of Labor’s ERISA Advisory Council|
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The council consists of 15 members appointed by the U.S. Secretary of Labor to provide recommendations regarding the Secretary’s functions under ERISA. Worsfold was appointed to a three-year term as the representative for the investment management industry. Other fields represented on the council include insurance, corporate trust, actuarial counseling, investment counseling and accounting.
“I’m honored to be a new member of the Council and look forward to helping it address the important issues facing retirement plan sponsors as they create vibrant plans for their employees,” said Worsfold.
“As the nation’s largest independent registered investment advisor,
Section 512 of the Employee
Retirement Income Security Act provides for the establishment of an
Financial Engines is America’s largest independent investment advisor1. We help people make the most of their retirement assets by providing professional investment management and advice. Headquartered in Sunnyvale, CA, Financial Engines was co-founded in 1996 by Nobel Prize-winning economist Bill Sharpe. Today, we offer retirement help to more than nine million employees across 600 companies nationwide (including 145 of the Fortune 500). Our investment methodology, combined with powerful online services, dedicated advisor center and personal attention allow us to help more Americans get on the path to a secure retirement.
Advisory and sub-advisory services provided by
This press release contains forward-looking statements, including
statements regarding the use of professional investment and financial
planning help, which involve risks and uncertainties that could cause
actual results to differ materially. These risks and uncertainties are
outlined in our
1 For independence methodology and ranking, see