05.05.2008 13:00:00
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Nationwide Retirement Plans Supports Online Community for Small Business
Nationwide Financial Services, Inc. (NYSE: NFS) is stepping up its
commitment to supporting small businesses through sponsorship of
PartnerUp, the first and largest online community designed to connect
and serve the needs of small business owners.
Nationwide’s support of PartnerUp enables
small business owners to network with other small business owners, ask
for and offer up assistance, and find small-business-friendly service
providers and commercial real estate spaces for their businesses.
"PartnerUp serves as an excellent resource and
unmatched networking opportunity for the small business community and
Nationwide is proud to support the work that it does,”
said Bill Jackson, president of Nationwide Retirement Plans. "Many
small business owners wear multiple hats and often don’t
have the time, resources or expertise to manage a retirement plan.
Nationwide understands the demands on their time and offers clear and
understandable resources to help them and their employees save for
retirement so that they can focus on running their businesses.”
Nationwide is the largest provider of defined contribution plans in the
country1 and has products specifically designed
to meet the needs of small businesses. Nationwide Retirement Innovator
offers both target maturity funds for those who need some help making
investment decisions and the Nationwide Financial®
Fund Window for those who want choice and a broader selection of funds.
Nationwide and PartnerUp commented that they are committed to working
together to provide the support and insight entrepreneurs need to
succeed in today’s business environment.
"PartnerUp is excited to have the support of
Nationwide, one of the country’s largest
providers of insurance and financial services for small business,”
said Steve Nielsen, founder and CEO of PartnerUp. "We
look forward to working with Nationwide to roll out additional tools and
resources that help small business owners start, grow and manage their
businesses.”
Small business owners who are looking for more information on how they
and their employees can save and prepare for retirement can visit www.nationwide.com/retirementplans
or call toll free 1-800-262-401K.
About Nationwide
Nationwide, based in Columbus, Ohio, is one of the largest diversified
insurance and financial services organizations in the world, with more
than $161 billion in assets. Nationwide ranks #108 on the Fortune 500
list. The company provides a full range of insurance and financial
services, including auto, motorcycle, boat, homeowners, life, farm,
commercial insurance, administrative services, annuities, mortgages,
mutual funds, pensions, long-term savings plans and health and
productivity services. For more information, visit www.nationwide.com.
About PartnerUp
PartnerUp is the first and largest online community that focuses solely
on helping small business owners start, grow and manage their
businesses. The company allows small business owners to network with
other small business owners, ask for and offer up advice, and find
service providers and commercial real estate. PartnerUp was founded in
February 2005 and is headquartered in Minneapolis. For more information,
visit www.partnerup.com.
1 Based on the number of recordkeeping
plans, PLANSPONSOR magazine (June 2007).
Please note that the investment options offered through the Nationwide
Financial® Fund
Window may require investment expertise and/or professional management
advice to prudently manage. Nationwide®
does not monitor these funds. In addition, some of these investment
options may have higher Nationwide asset fees than the designated
investment options. Nationwide does not make recommendations or give
investment advice.
Target Maturity Funds are designed to provide diversification and asset
allocation across several types of investments and asset classes,
primarily by investing in underlying funds. Therefore, in addition to
the expenses of the Target Maturity Funds, an investor is indirectly
paying a proportionate share of the applicable fees and expenses of the
underlying funds.
The Nationwide®
Group Retirement Series includes unregistered group fixed and variable
annuities and trust programs. The unregistered group fixed and variable
annuities are issued by Nationwide Life Insurance Company. Trust
programs and trust services are offered by Nationwide Trust Company, FSB
a division of Nationwide Bank®.
Nationwide Investment Services Corporation, member FINRA. In MI only:
Nationwide Investment Svcs. Corporation. Nationwide Mutual Insurance
Company and Affiliated Companies, Home Office: Columbus, OH 43215-2220.
Nationwide, Nationwide Bank, Nationwide Financial, the Nationwide
framemark, Life Comes at You Fast and On Your Side are federally
registered service marks of Nationwide Mutual Insurance Company.
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