News Releases

News Releases

Ascensus | American Funds Pooled Employer Plan Sales Launch in February

Ascensus, whose technology and expertise help millions save for a better future—announced that sales of the Ascensus | American Funds Pooled Employer Plan (PEP) will begin in February.

January 31 2024

News Releases

Ascensus Expands Retirement Distribution Teams

Ascensus whose technology and expertise help millions save for a better future—has announced the appointment of two new members to the Retirement Distribution team: Justin Sabol, Regional Vice President; and Kate Whitmore, VP of Business Development, Pooled Plans.

December 20 2023

News Releases

Ascensus Names Marc Mehlman New Chief Financial Officer

Ascensus, ​​whose technology and expertise help millions save for a better future, announced today that it has named Marc Mehlman its new Chief Financial Officer.

December 05 2023

News Releases

Ascensus 529 Participants Surpass $1 Billion in Direct Tuition Payments to Schools

Ascensus, whose technology and expertise help millions save for a better future, says its 529 education savings plan participants have paid more than $1.1 billion in tuition payments directly to schools this year through the company’s digital payments platform.

October 23 2023

News Releases

Ascensus Announces Spring 2024 Launch of Ascensus | American Funds PEP Solution

Ascensus, ​​whose technology and expertise help millions save for a better future, said it will begin offering the Ascensus | American Funds Pooled Employer Plan (PEP) solution on its independent, open-architecture recordkeeping platform beginning in spring 2024.

October 04 2023

News Releases

Ascensus Pooled Employer Plans (PEPs) Surpass $1 Billion in Assets Under Administration

Ascensus, whose technology and expertise help millions save for a better future, announced the company has surpassed $1 billion in PEP assets under administration.

September 27 2023

News Releases

First Wave of Retirement Plans Transition to Ascensus Platform, Expanded Web Experiences, and Enhanced Efficiency

Ascensus, ​​whose technology and expertise help millions of people save for a better future, has upgraded the first wave of acquired Newport retirement plans to its purpose-built recordkeeping platform and enhanced web experiences.

August 21 2023

News Releases

Ascensus Institutional Solutions Expands Sales Team

Dresher, PAAscensus—whose technology and expertise help millions save for a better future—has announced the expansion of the sales team offering nonqualified deferred compensation (NQDC) plans and insurance distribution under Ascensus’ Institutional Solutions line of business.

August 02 2023

News Releases

Ascensus Announces Two New Regional Vice Presidents on Retirement Sales Team

Ben Buehler and Trent Schrader Expand Roles to Support Financial Advisors and Clients

July 27 2023

News Releases

Schwab Retirement Plan Services Expands Defined Benefit and Deferred Compensation Plan Capabilities Through Support Agreements With Conduent and Newport

WESTLAKE, Texas--Schwab Retirement Plan Services (SRPS) today announced plans to launch an expanded set of capabilities to serve defined benefit plans and nonqualified deferred compensation plans. SRPS will work with two recognized industry leaders to help build out the offering -- Conduent Incorporated (Nasdaq: CNDT) in the defined benefit area and Newport, an Ascensus company, in the deferred compensation area. Both firms have more than 40 years of experience offering workplace benefit plans.

July 26 2023