Morningstar (MORN) Collaborates With NPPG Plan Professionals

​Morningstar, Inc. (NASDAQ:MORN) is one of the Best 52-Week Low Mid Cap Stocks to Buy Now. On October 22, Morningstar Retirement, which is part of Morningstar, Inc. (NASDAQ:MORN) announced a strategic collaboration with NPPG Plan Professionals, LLC to deliver personalized retirement offerings.

​NPPG Plan Professionals, LLC is a company of National Professional Planning Group, which is a leading provider of Pooled Plan Provider. These new retirement offerings will be delivered through Pooled Employer Plans. Moreover, as a result of this collaboration, Morningstar Retirement’s advisor-managed accounts service will be integrated into NPPG’s PEP offerings. This will bring personalization to the retirement plans.

​Nathan Voris, head of go-to-market at Morningstar Retirement, said

​”High-quality, personalized retirement plans were once limited to large companies. PEPs are changing that by closing the coverage gap for small and mid-sized businesses, where 56 million U.S. workers lack workplace retirement plans. They simplify administration, lower costs, and expand access. Through our collaboration with NPPG, we’re democratizing access, bringing these strategies to a broader market, and helping more employees plan for retirement.”

​Morningstar, Inc. (NASDAQ:MORN) is a provider of independent investment research and data, offering insights across various markets and asset classes worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.