Mutual of Omaha buys third-party administrator

Mutual of Omaha agreed to acquire Retirement Marketing Services, a third-party administrator for 401(k), 403(b) and 457 plans, said Jim Nolan, spokesman for Mutual of Omaha. The transaction is expected to be completed within 30 days; further terms were not disclosed. RMS will be rebranded as Retirement Marketing Solutions, said Mr. Nolan, adding that Mutual of Omaha has offered jobs to all RMS employees.