March 3, 2015 – Boston – Fidelity Investments, leading provider of workplace retirement plans for not-for-profit higher education institutions, today announced it has been chosen as the exclusive retirement savings provider by University of Notre Dame and Vanderbilt University and Medical Center. In addition, Fidelity has been selected to provide investment and recordkeeping services for a voluntary retirement plan through the Arizona Board of Regents (ABOR), the governing board for Arizona’s public universities.
Fidelity is offering a comprehensive suite of guidance, education and financial services to more than 80,000 employees across these universities to help their employees maximize their retirement benefits.
“The higher education marketplace continues to see retirement plan consolidation as employers strive to simplify administration, improve the employee planning experience and drive better retirement savings outcomes. We’re pleased Fidelity is increasingly being selected to help higher education institutions successfully navigate this process and deliver retirement solutions to help their employees meet their financial goals,” said Rick Mitchell, executive vice president, Tax-Exempt Market & Retirement Solutions, Fidelity Investments.
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