Posted By admin on August 15, 2011
DC Plan Investment Council Elects Board Members Black, Davis, Gannon, O?Shaughnessy, and Rieck
East Granby, CT (PRWEB) August 03, 2011
On July 18, 2011, the DC Plan Investment Council elected its first Executive Board. Two rounds of voting led to the election of Timothy J. Black, AIF? (Senior Vice President, Mosse and Mosse Associates), Jim O?Shaughnessy, AIF?, PRP? (Managing Partner, Sheridan Road Financial), Patrick J. Rieck, CRPS?, QPFC, QPA,QKA, AIF? (Executive Director, National Retirement Distribution Manager, Morgan Stanley Smith Barney), Stephen Davis (Head of Mid Market Sales, ING), and Matthew D. Gannon (Director, Defined Contribution Investment Solutions, MFS Investment Management).
The Council had decided to form an Executive Board to provide oversight at its May 25-26, 2011 Annual Planning Meeting in Chicopee, MA. The five-member Board includes representatives of each segment of the membership: advisors (2 seats), practice leaders, service providers and investment managers (1 seat each).
Formed in May 2009, the Council includes Professional Retirement Plan Advisors, Practice Leaders, Service Providers and Investment Management firms. ?I am honored to be part of the newly formed DC Plan Investment Council Executive Board. I look forward to working with this esteemed group of industry professionals to help develop new practices that will better serve the retirement services community.? says Board member Jim O?Shaughnessy. ?The Council seeks effective solutions for institutional plan sponsors and their employees to continually improve retirement planning outcomes. I know that all segments represented in the Council are vigorously dedicated to this mission, and I am pleased to assist in leading the Council to achieve its goals.? adds Board Member Tim Black.
The Council met by conference call on July 19th, immediately following the elections and the Board held its first meeting July 20th to discuss its decision making process and to provide broad directions to Executive Director Eric Henon. The Board will hold its first in-person meeting August 9, 2011 in Chicago.
About the DC Plan Investment Council
The Council advocates for successful qualified plan and participant retirement outcomes through the collaborative efforts of experienced, qualified retirement plan advisors, investment firms and asset managers, and defined contribution plan service providers. The Council accomplishes this mission by its focus on:
Identification of duties, responsibilities and attributes of the professional retirement plan advisor.
Sharing our professional standards with plan sponsors who are responsible for the success of their plans.
Providing collective thought capital to decision makers, product providers, legislators and the public.
Giving voice to the retirement plan advisor community.
Tools to evaluate advisors, ensuring the quality of services needed for successful retirement outcomes.
Learn more about the Council at http://www.dcpicadvisors.com
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