Pan-American Retirement & Investment Services, New Orleans, has signed...

Pan-American Retirement & Investment Services, New Orleans, has signed a deal in which Standard & Poor’s will begin providing investment advice for the third-party administrator’s 401(k) plan clients March 1, said Mike DiCenso, director of sales and marketing with Pan-American. Pan-American already offers plan sponsors a six-step multimedia, interactive education campaign, but participants still were asking for investment advice, Mr. DiCenso said. Plan sponsors will pay for the service directly to Standard & Poor’s, which will take on the added fiduciary responsibility, he said.