Universality Retired Life + Financial Savings ® Records a Record-Breaking End to 2022 

January 31, 2023

SAN FRANCISCO–( ORGANIZATION CORD)– In an unstable year, something continued to be consistent– Universality Retired life + Financial savings’ dedication to small companies. Today, the business introduces it damaged 3 even more of its documents in 2022: variety of monetary consultant partnerships, variety of strategy enrollers, and also variety of third-party managers (TPAs) to sign up with the system. This gets on top of various other documents Universality revealed barging in November 2022.

Over the previous year, the monetary modern technology leader in flat-fee 1 small company retirement has actually seen a substantial boost in monetary consultant customers, highlighting the worth they see in Universality’s offerings for small company proprietors.

This uptick in partnerships adheres to a variety of regulations updates as 21 states functioned to develop, change, or check out state-mandated retirement throughout 2022 legal sessions. Today, an overall of 16 states and also 2 cities have actually passed programs with even more can be found in 2023. At the government degree, the Safeguarding a Solid Retired Life Act of 2022, created Secure 2.0, was authorized right into regulation last December, enhancing the democratization of retired life financial savings chances for small companies.

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” There’s a high level of trust fund and also interaction that happens every day to guarantee our critical companions and also their consultants obtain the very best assistance in the sector that is especially tailored towards small companies,” stated Expense Minogue, VP of Major Accounts, Connection Administration at Universality. “We are remaining to watch on the most recent legal advancements, exactly how it will certainly affect our valued clients, and also methods which they can profit from brand-new financial savings and also advantages chances as propositions development.”.

Universality’s variety of TPA partnerships additionally expanded considerably in 2022 adhering to improved offerings permitting them to much more conveniently designate duties, include customers, and also use different costs and also disclosures on individual accounts.

Along with monetary consultant and also TPA development, Universality kept in mind considerable development in their strategy enroller customers in 2022. To make certain strategy enrollers obtain first-class solution and also assistance, the business has actually started a comprehensive training and also assistance routines for existing and also brand-new hires.

” This record-breaking year is a testimony to our group and also their steady devotion to offering small companies with certified retirement that fulfill their one-of-a-kind requirements,” stated Chad Parks, Creator and also Chief Executive Officer of Universality. “As we aim to 2023, we continue to be dedicated to broadening our management placement in the small/medium-size 401( k) room and also to remaining to supply exceptional solution and also assistance to our customers,” stated Parks.

Regarding Universality Retired Life + Financial Savings.

Given that releasing Universality Retired life + Financial Savings in 1999, the business’s driving pressure has actually been to supply certified retirement that fulfill the requirements of small company proprietors. Our goal is to encourage small companies and also their staff members to produce a much more safe monetary future by leveraging modern technology with inexpensive retired life remedies and also first-rate client assistance.

Universality is a leading fintech business that is just one of the initial flat-fee-for-service small company strategy companies in the country. With our unique, best-in-class Standard RKS cloud-based system that automates recordkeeping and also strategy monitoring features, we have the ability to supply a user friendly experience and also assurance with absolutely no concealed costs. The business is headquartered in San Francisco with satellite workplaces from coastline to coastline. Universality offers over 10,000 American small companies and also thousands of countless savers. With over $3 billion in retired life properties, Universality has customers in all 50 states, providing a clear, flat-fee, personalized financial savings experience. Our tenured group are retired life specialists and also future-you champs!

See myubiquity.com to find out more.

1 Apartment costs are billed by Decimal, Inc. for recordkeeping and also management solutions. Third-party provider might evaluate asset-based costs to clients. Strategy Enrollers are encouraged to evaluate all solution contracts with companies (e.g., financial investment consultants, custodians, broker-dealers) to examine overall strategy prices.