Achaean Financial Announces Strategic Partnership with the International Foundation for Retirement Education

CHICAGO, Dec. 4, 2012 /PRNewswire/ -- Achaean Financial ("Achaean"), a financial services firm committed to providing innovative ideas and tools for creating secure retirement solutions that benefit investors, financial advisors and insurance companies, today announced a strategic partnership with The International Foundation for Retirement Education (InFRE) to provide users of Achaean's retirement advice software tool, Retirement Outcome, with a customized training course to ensure advisors have the optimal resources to build retirement income programs for their clients.   

Retirement Outcome is an advanced, open-architecture and fully customizable retirement planning tool designed to help investors and their advisors understand the tradeoffs they face in retirement and to create personalized solutions, including appropriate spending, overall portfolio risk and allocations to guaranteed-income products. Retirement Outcome takes information about a client's wealth, income needs and asset allocation to produce a personalized outcome report.  Each of the various investing and spending decisions can then be adjusted to help the client understand the tradeoffs they must make and how they are likely to impact income and wealth throughout retirement.

"We worked with InFRE to customize their training program to provide advisors with a full suite of solutions so they can make the most informed decisions for their clients," said Mike Henkel, CEO of Achaean Solutions. "Advisors continue to ask for more retirement income tools and investing solutions, but if the education is not there, then they can't effectively integrate them into their discussions with their clients. Partnering with InFRE is another example of how Achaean is continually aligning with partners and industry leaders to help advisors navigate the evolving and often complex retirement income marketplace."

InFRE is a 501(c)(3) non-profit education foundation devoted to enhancing the retirement preparedness of the American worker. Since 1997, InFRE has accomplished this mission by operating as a totally independent and objective training and certification resource for both public and private sector retirement industry professionals. To date, over 16,000 retirement professionals have participated in one of InFRE's process oriented retirement income training programs and almost 2,000 individuals now hold the independently accredited Certified Retirement Counselor ^®(CRC^®) certification.

"There is a shared philosophy between Achaean and InFRE to help advisors overcome the challenges with implementing innovative and cost-effective retirement solutions for their clients," said Kevin Seibert, Managing Director of InFRE. "Thousands of advisors have already benefited from our training programs and this partnership ensures that we are continuing to meet the needs of advisors whose clients are nearing or in retirement."

For more information about Achaean Financial, please contact Rachael Fisher-Layne of JCPR at (973) 850-7318 or [email protected].

About Achaean Financial
Based in Chicago, Achaean Financial is a financial services firm committed to providing innovative ideas and tools for creating secure retirement solutions that benefit insurance companies, financial advisors and investors. The company is uniquely positioned to capitalize on a supply-demand dislocation in the retirement income market by leveraging its retirement advice software platform, Retirement Outcome and its innovative income guarantee product, Income Plus+. These two products can be used independently but together provide a holistic solution for the largest opportunity in the financial services space: providing for retirement income peace of mind. For more information, visit www.achaeanfinancial.com.

About InFRE
The International Foundation for Retirement Education (InFRE) is a non-profit 501(c)(3) organization founded in 1997 to address the tremendous retirement challenge facing all Americans. It exists solely to help retirement counselors and administrators increase the retirement preparedness of the American worker. Visit www.infre.org.

CONTACT: Rachael Fisher-Layne
JCPR
(973) 850-7318
[email protected]

SOURCE Achaean Financial