Transamerica Retirement Services has partnered with the Investment Strategies group at Mesirow Financial to offer a new ERISA Section 3(21) fiduciary service to help retirement plan advisors and sponsors mitigate investment fiduciary risk.

As part of this service, Mesirow Financial will provide plan-level investment advice related to the selection and monitoring of the plan’s investment lineup. Mesirow Financial will act as an investment fiduciary to the plan along with the sponsor, who maintains ultimate control over the plan’s investment menu.

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