Two new Nationwide Retirement Solutions leaders focus on product solutions for participants
Jack Kilbane and Ben Lozier now lead Product Development and Managed Account/Investment Product teams
Nationwide Retirement Solutions announces two new leaders focused on protecting more participants in retirement and helping drive business growth. Jack Kilbane has been named leader of Retirement Solutions Product Development and Ben Lozier now leads the Retirement Solutions Managed Account and Investment Products Team.
In his new role, Jack Kilbane will lead a team responsible for developing new and innovative products, services and tools that will help participants achieve their retirement goals. His team will drive innovative new plan investment offerings, help the company navigate the regulatory landscape and provide expertise for competitive pricing. Kilbane assumes the role previously held by Cathy Marasco, who now leads Nationwide’s new Protected Retirement team.
As leader of Retirement Solutions Managed Account and Investment Products, Ben Lozier will lead the team responsible for accelerating participant adoption in managed account investment solutions, including ProAccount. He will also lead the Fiduciary Solutions and Fund Administration teams within Retirement Solutions. Lozier assumes the previous role of Ben Hoecherl, who now leads Product and Business Development for Nationwide’s mutual funds business.
“Jack and Ben have been valuable partners to our business for many years in their previous capacities within Nationwide Financial,” said Hutch Schafer, vice president of Nationwide Retirement Solutions Product and Business Development. “Their deep understanding of the business, innovative mindsets, respected insights and continued leadership will play a key role in our efforts to deliver competitive products, solutions and experiences for our participants and plan sponsors.”
Kilbane joined Nationwide in 2006 and most recently served as associate vice president of finance for Nationwide Financial. Lozier has been with Nationwide for more than 25 years, most recently serving as product lifecycle management associate vice president for the Investment Management Group (IMG), Nationwide’s mutual funds business.
Nationwide Retirement Solutions has been awarded two top service awards from DALBAR this year, including the Customer Experience Excellence Award and Plan Participant Service Award, for its exceptional service and phone support.
Nationwide Retirement Solutions administers nearly 32,000 retirement plans, helping protect more than $166 billion in participant assets, and helping secure financial futures for over 2.7 million participants in the governmental 457, corporate 401(k) and not-for-profit 403(b) markets. Nationwide is committed to serving the retirement industry by doing the right thing at the right time through better participant experiences, administrative simplicity and values that translate to service.
This material is not a recommendation to buy or sell a financial product or to adopt an investment strategy. Investors should discuss their specific situation with their financial professional.
Guarantees are subject to the claims-paying ability of the issuing insurance company.
Provisions of these options may vary based on plan selection and/or by state regulation. These investment options may not be available in all states.
Nationwide Investment Advisors, LLC (NIA) provides investment advice to plan participants enrolled in Nationwide ProAccount. NIA is an SEC-registered investment adviser and a Nationwide affiliate.
NIA has retained Wilshire® as an Independent Financial Expert for Nationwide ProAccount. Wilshire provides investment allocation portfolios based on participant ages and their personal tolerance for investment risk.
NIA assesses participants an asset-based fee for the managed account services.
Retirement products are offered by Nationwide Trust Company, FSB or Nationwide Life Insurance Company.
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