Boston-based NextCapital Retirement Plan Services has partnered with investment benchmarking provider John Hancock to offer automated investment advice to its 401k and individual retirement account rollover businesses. By providing a digital platform for different channels of investment including IRA, differences between a plan participant and an IRA rollover are managed, and investors and advisers can complete rollovers more quickly. The new advice platform will be launched within a year, according to NextCapital CEO Peter Gordon.
Boston-based John Hancock Retirement Plan Services has partnered with investment benchmarking provider NextCapital to offer automated investment advice to its 401k and individual retirement account rollover businesses. By providing a digital platform for different channels of investment including IRA, differences between a plan participant and an IRA rollover are managed, and investors and advisers can complete rollovers more quickly. The new advice platform will be launched within a year, according to John Hancock CEO Peter Gordon.