John Hancock simplifies proposal for 401(k) sponsors

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John Hancock Retirement Plan Services recently introduced a streamlined proposal designed to make it easier for plan sponsors to ensure all the important elements of a successful 401(k) plan are included in their considerations, according to the company.

The proposal builds on the success of the PRIME Elements marketing program introduced in January, the company added.

The new proposal was launched with new design content and packaging, all designed to help financial advisors and plan consultants tell the John Hancock story, the company said. The new proposal and PRIME pitchbook are built around the five PRIME Elements of retirement plan.

The new proposal allows financial advisors and plan consultants to use it to highlight elements that are of particular relevance to a plan sponsor while ensuring all important aspects of a 401(k) plan have been included in the solution, according to the company.

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