News Releases

Expert Consultant and Leader Will Expand Industry Partnerships, Strengthen Client Support in Southeast and Southwest Regions

FuturePlan by Ascensus—a leading national retirement third-party administrator (TPA) that specializes in the delivery of customized retirement plan consulting and administration services—is pleased to announce the appointment of Mark Wiggins as divisional vice president (DVP) for the Southeast and Southwest regions, which are key growth areas for the FuturePlan organization. He will report to Kasey Price, FuturePlan's head of sales.

Partnership with Financial Finesse Delivers Tailored Guidance to Employees
Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has enhanced its financial wellness offering to include Financial Finesse’s Aimee^TM: Artificial Intelligence Motivating Employees Everywhere.

Ascensus announced today that funds managed by Stone Point Capital, the Greenwich, CT-based private equity firm specializing in financial services, along with GIC, Singapore's sovereign wealth fund, have entered into a definitive agreement to acquire Ascensus from its current private equity ownership group led by Genstar Capital, Aquiline Capital Partners, and Atlas Merchant Capital. Genstar Capital and Aquiline Capital Partners will maintain a minority stake in Ascensus.

Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—is pleased to announce that Teresa Hassara will join the company as president of its FuturePlan by Ascensus line of business effective April 12, 2021. She will immediately become a member of Ascensus' Operating Committee and report directly to David Musto, president and CEO of Ascensus.

Book-of-Business Transaction Boosts Ascensus' Compliance Expertise While Increasing Client Base for Health & Welfare Form 5500 Solutions

All Heritage BB&T Plans Successfully Transitioned to Ascensus Platform

Ascensus—whose technology and expertise help millions of people save for retirement, education, and healthcare—has completed the acquisition of the heritage BB&T bundled retirement recordkeeping business from Truist Bank that was announced on January 6, 2021. Financial terms of the deal, which closed on March 3, were not disclosed.

First-of-Its-Kind Education Savings App Makes It Easy for Users to Access Information, Track Progress, and Make Contributions

Firm Wins Most Best in Class Awards for Plans Up to $50MM in PLANSPONSOR Defined Contribution Survey

Highly Respected Retirement Industry and FuturePlan Leader Will Oversee Organization's Sales Strategy and Distribution Efforts to Provide Partner and Client Value

Transaction Includes Heritage BB&T Plans Along with Heritage BB&T Outsourced Recordkeeping Business Currently Serviced by Ascensus