Press Release Archives - PenChecks Trust

PenChecks, Inc. Onboards New East Regional Director

by BlmLLC | Mar 16, 2023 | News & Press

PenChecks, Inc., parent company of PenChecks Trust®, a leader in innovative retirement plan distribution solutions, is pleased to announce the addition of Tim Loehr as the company’s East Regional Director.

PenChecks Statement on the Recent Activity in the Banking Sector

by Spiro G. Preovolos | Mar 13, 2023 | News & Press

As you undoubtedly know, the past few days have been stressful and highly eventful in the banking world. The failure of three banks, Silicon Valley Bank (SVB) and Silvergate Bank, in California, and Signature Bank…

New PenChecks, Inc. COO Aims For Operational Excellence

by PenChecks Trust | Nov 28, 2022 | News & Press

PenChecks, Inc., parent company of PenChecks Trust®, a leader in innovative retirement plan distribution solutions, is pleased to announce the addition of Alexandra Gerritsen as the company’s new Chief Operating Officer (COO).

PenChecks VP Named President of Western Pension & Benefits Council Orange County Chapter

by PenChecks Trust | Aug 15, 2022 | News & Press

Tom Drosky, Western Regional Vice President for PenChecks Trust®, a leader in outsourced retirement plan distribution services, has been named President of the Western Pension & Benefits Council (WP&BC) Orange County Chapter.

Topics

The Pros and Cons of Artificial Intelligence in the Financial Services Industry

Artificial Intelligence (AI) is a rapidly growing field with the potential to revolutionize the financial services industry. In recent years, AI has been used extensively in financial services to improve the customer experience, streamline operations, and identify fraud.

SECURE 2.0 Provides New Tools to Assist Plan Participants In Crisis

The primary goal of retirement plans is to provide income at retirement, but defined contribution plans have been permitted to make some distributions while participants are employed. The most common form of distribution to participants who are younger than age 59 ½…

Five Things You Need to Know When Switching Recordkeepers

There are few things more disruptive to the peace or clarity of a 401(k) plan than a switch in recordkeepers, even when the change is instigated by a regular, thoughtful, focused evaluation of the alternatives.

Protect Your Business With A Cyberattack Incident Response Plan

A cyberattack on your business is like a serious auto accident. It only happens to someone else – until it happens to you. Fortunately, several initiatives can help prevent or significantly reduce your organization’s chance of becoming a cyberattack victim.