National Life Insurance Company Chooses Retirement Road Map From Impact Technologies Group
Field Reps Will Use Sales Application To Target Baby Boomer Market
Charlotte, NC, January 3, 2006 - Impact Technologies Group, Inc. (Impact), a provider of financial sales software for the banking, capital markets, and insurance industries, today announced that The National Life Insurance Company has selected the company’s Retirement Road Map sales system for its national field representatives, providing them with an innovative retirement planning solution that specifically targets baby boomers. As part of the licensing agreement, National Life will also be purchasing Impact’s web-based financial sales and collaboration platform, PlanLab®, which automates the financial sales process across an enterprise, from initial fact finding to financial plan generation, enabling financial advisors to work more efficiently with clients and close more sales.
Impact introduced Retirement Road Map to offer financial advisors a comprehensive planning application that focuses specifically on retirement distribution preparation by helping advisors develop a sound financial plan based upon assets and income their clients will have through their retirement years. It includes a detailed marketing program for advisors to create custom retirement distribution plans by analyzing an individual’s needs, income and assets and assisting advisors in determining appropriate policies, annuities and other planning options.
“As we prepare to address the financial planning needs of the millions of baby boomers who will be retiring over the next few years, we had to find a product that specifically addressed that market,” said Ron Merolli, Director-Advanced Sales , National Life. “Retirement Road Map from Impact is -tailored specifically for boomers. By licensing this application, we are confident our field force is prepared to meet our clients’ comprehensive retirement planning needs.”
“Retirement Road Map enables National Life’s field reps to quickly answer some of the more common questions boomers have, such as ‘Do I have enough money to retire? Will I run out of money?’ “, said Kevin Clay, president, Impact. “With this tool, National Life will quickly become a dominant force in the baby boomer retirement planning market.”
Retirement Road Map is integrated with Impact’s web-based financial sales and collaboration platform, PlanLab. PlanLab automates the sales process from initial fact finding to financial plan generation, enabling financial advisors to work more efficiently with clients and close more sales. Advisors use PlanLab to work with clients to define financial goals, collect and analyze relevant information, model planning scenarios, collaborate with the planning team on the most effective way to meet client needs, and generate customized proposals.
About The National Life Insurance Company
The National Life Insurance Company is part of the National Life Group, a dynamic and growing family of financial service companies, unified in values and purpose but differentiated by specialty, structure and size. Affiliates and divisions within the National Life Group operate in locations throughout the United States and offer products and services, which help a broad spectrum of individuals and businesses meet their financial goals. For more information, visit www.nationallife.com.
About Impact Technologies Group
Impact Technologies Group, Inc. (Impact) provides software and services to financial institutions in the banking, capital markets, and insurance industries. Founded in 1981, Impact provides innovative sales, communication, and planning tools that facilitate the sales process and help advisors and their customers make informed decisions by presenting complex financial concepts and calculations in a sensible format. Developed with a firm understanding of sales psychology, Impact’s solutions are built on the Microsoft® .NET Framework and deliver integrated, easy-to-use technology that streamlines the financial sales process. For more information, or to listen to Impact’s latest pod casts, visit www.impact-tech.com.
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Contact:
Neal Stein
Inline Technology Marketing
321.253.8225
nstein@inlinetechmarketing.com
