Morningstar Associates to Provide Online Advice to Retirement Plan Sponsor Customers of Franklin Templeton

Apr 11, 2001, 01:00 ET from Morningstar Associates, LLC

    CHICAGO, April 11 /PRNewswire/ -- Morningstar Associates, LLC today
 announced that Franklin Templeton Investments, a global investment management
 organization, has selected Morningstar(R) ClearFuture(SM) as an online
 retirement advice feature to be made available to new and existing retirement
 plan sponsors who are customers of Franklin Templeton's record keeping and
 defined contribution plan services.
     Morningstar ClearFuture, currently available to 7,000 corporate retirement
 plans throughout the United States, is an innovative online retirement
 planning service that offers sophisticated research, education, investment
 guidance and advice for all levels of investors.  Morningstar ClearFuture uses
 a goals-based approach, allowing plan participants to examine the
 relationships between long- and short-term risk, asset mix and retirement
 income, so they can determine the probability of reaching their financial
 goals. The service then provides specific investment advice by creating a
 diversified portfolio using the best investment options available in the
 participant's 401(k) plan.
     "Franklin Templeton has consistently put the needs of retirement plans and
 their participants first.  They have again proved their commitment by
 arranging with Morningstar to establish convenient online support and access
 to Morningstar ClearFuture for their retirement plan customers who choose to
 provide their plan participants with this sophisticated retirement planning
 tool," said John Rekenthaler, president of Morningstar's Online Advice
 business unit.  "Our goal with ClearFuture is to support retirement plan
 sponsors by providing their plan participants with access to tools necessary
 for thinking about their retirement in very personal terms."
 
     About Morningstar Associates, LLC
     Morningstar Associates, LLC is a registered investment adviser and a
 wholly owned subsidiary of Chicago-based Morningstar, Inc. As an independent
 provider of reliable, unbiased investment information, Morningstar offers
 news, data, and analysis of stocks, mutual funds, closed-end funds and
 variable annuities through its extensive line of Internet, software and print
 services.  Neither Morningstar Associates nor Morningstar, Inc., owns,
 operates, or holds any interest in investment products.  The financial data
 and methodology used in the ClearFuture program are gathered from reliable
 sources, and neither Morningstar Associates nor Morningstar, Inc. guarantees
 their accuracy, completeness or timeliness.  Past performance is no guarantee
 of future performance.  To learn more about Morningstar, visit
 www.morningstar.com .
 
 

SOURCE Morningstar Associates, LLC
    CHICAGO, April 11 /PRNewswire/ -- Morningstar Associates, LLC today
 announced that Franklin Templeton Investments, a global investment management
 organization, has selected Morningstar(R) ClearFuture(SM) as an online
 retirement advice feature to be made available to new and existing retirement
 plan sponsors who are customers of Franklin Templeton's record keeping and
 defined contribution plan services.
     Morningstar ClearFuture, currently available to 7,000 corporate retirement
 plans throughout the United States, is an innovative online retirement
 planning service that offers sophisticated research, education, investment
 guidance and advice for all levels of investors.  Morningstar ClearFuture uses
 a goals-based approach, allowing plan participants to examine the
 relationships between long- and short-term risk, asset mix and retirement
 income, so they can determine the probability of reaching their financial
 goals. The service then provides specific investment advice by creating a
 diversified portfolio using the best investment options available in the
 participant's 401(k) plan.
     "Franklin Templeton has consistently put the needs of retirement plans and
 their participants first.  They have again proved their commitment by
 arranging with Morningstar to establish convenient online support and access
 to Morningstar ClearFuture for their retirement plan customers who choose to
 provide their plan participants with this sophisticated retirement planning
 tool," said John Rekenthaler, president of Morningstar's Online Advice
 business unit.  "Our goal with ClearFuture is to support retirement plan
 sponsors by providing their plan participants with access to tools necessary
 for thinking about their retirement in very personal terms."
 
     About Morningstar Associates, LLC
     Morningstar Associates, LLC is a registered investment adviser and a
 wholly owned subsidiary of Chicago-based Morningstar, Inc. As an independent
 provider of reliable, unbiased investment information, Morningstar offers
 news, data, and analysis of stocks, mutual funds, closed-end funds and
 variable annuities through its extensive line of Internet, software and print
 services.  Neither Morningstar Associates nor Morningstar, Inc., owns,
 operates, or holds any interest in investment products.  The financial data
 and methodology used in the ClearFuture program are gathered from reliable
 sources, and neither Morningstar Associates nor Morningstar, Inc. guarantees
 their accuracy, completeness or timeliness.  Past performance is no guarantee
 of future performance.  To learn more about Morningstar, visit
 www.morningstar.com .
 
 SOURCE  Morningstar Associates, LLC

RELATED LINKS

http://www.morningstar.net