MassMutual Retirement Services Commits Additional Resources to Taft-Hartley Business

SPRINGFIELD, Mass., Nov. 13 /PRNewswire/ -- MassMutual's Retirement Services Division is pleased to announce that Kenneth Pouch has been promoted to national practice leader for MassMutual's Taft-Hartley business development team. He has been with MassMutual since 2001 and was most recently a relationship manager serving MassMutual's Taft-Hartley trustees and members. Mr. Pouch reports to Robert Cunningham, second vice president, MassMutual Retirement Services Division.

MassMutual has also added two new relationship managers to its growing Taft-Hartley service team, reporting to Rich Cartier, assistant vice president, MassMutual Retirement Services Division.

Joseph Carmignani joined MassMutual's Taft-Hartley team as a relationship manager on October 6. He was most recently a communications consultant for Fidelity Investments, and has held key client service roles with New York Life Investment Management LLC. and Putnam Investments.

John Dolan, Jr. joined MassMutual as a Taft-Hartley relationship manager on November 10. He spent 12 years with Prudential Financial where he most recently served as a relationship manager with significant focus on service to the Taft-Hartley market.

In addition to building its relationship management staff, MassMutual Retirement Services expects to add additional sales staff to support the Taft-Hartley business in the Eastern region.

MassMutual also expanded its investment lineup to include seven new options requested by retirement advisors specializing in the Taft-Hartley market. All seven of the new options, which became available on November 1, are included in MassMutual's Smart Architecture(SM) Investment Program and qualify for MassMutual's fiduciary certification and warranty program.

    The new investment options are:
    Manning & Napier Pro Blend(R) Conservative Term Series
    Manning & Napier Pro Blend(R) Extended Term Series
    Manning & Napier Pro Blend(R) Maximum Term Series
    Manning & Napier Pro Blend(R) Moderate Term Series
    Manning & Napier World Opportunities
    Calvert Large Cap Growth Fund
    Winslow Green Growth Fund

"MassMutual has been serving Taft-Hartley plans for more than 30 years, and this market represents an important part of our growth strategy," says Elaine Sarsynski, executive vice president of MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC. "We are privileged to be in a position to help so many hard-working Americans build their vision of a successful retirement."

As part of its ongoing support to the building trades, MassMutual Financial Group, its subsidiary, Cornerstone Real Estate Advisers LLC, and The Fallon Company will continue efforts over the next 10 years to develop the 20-acre Fan Pier waterfront project on Boston Harbor, currently estimated to cost in excess of $2 billion. "The commitment to use 100% union labor for the Fan Pier project is an investment in the ultimate quality of the property," says James Coyle, executive director, Boston Building Trades Department. "MassMutual and The Fallon Company are to be commended for their commitment to the building trades in developing Fan Pier. It promises to be a showcase in Massachusetts and throughout New England."

For more information about MassMutual's Taft-Hartley retirement plan services, please contact your retirement plan advisor or call Ken Pouch at MassMutual at 413-744-5523.