State of Oklahoma Deferred Compensation Plan, Oklahoma City, hired Great West Life Insurance to provide record keeping, investment services and communications for the $350 million plan. The change followed a routine rebidding of the service contract. Great West replaces T. Rowe Price, which had provided bundled services for the plan, said Stephen Edmonds, executive director of the Oklahoma Public Employees’ Retirement System. The number of investment options will be reduced to 18 from 32 and will be selected from among several mutual fund providers through alliances with Great West.
Strategic Investment Choices assisted.
