AUL teams with DST Output for enhanced participant statement delivery
AUL teams with DST Output for enhanced participant statement delivery
Indianapolis -- February 3, 2005
American United Life Insurance Company® (AUL), a OneAmerica® company, has teamed with DST Output to deliver participant statements with enhanced educational impact. AUL is outsourcing most of its statement processing to DST Output. This new joint venture will change AUL’s statements into full-color, customized participant education vehicles. This is due to DST Output’s ability to combine and deliver AUL’s existing participant newsletter and statement as one document.
With nearly 3,000 employees in the United States and Canada, DST Output provides print and electronic output solutions to some of the nation’s largest financial services companies. The company routinely processes more than 1.6 billion print and electronic mail pieces annually. AUL will add 1.6 million pieces to this annual total. The venture will take approximately six months to complete, after which AUL participants will see dramatic changes in their statements.
“We believe that this new joint venture will help us to provide better, more personalized participant service,” said Bill Yoerger, vice president of AUL Retirement Services. “The dynamic look and feel will help AUL’s statements deliver top-quality, easily understood information to our participants. We continually look for ways to improve communications with our clients to help them meet their retirement goals. DST Output is helping AUL set the standard in participant education.”
AUL is an experienced provider of retirement products and services to the small and mid-sized employer market. AUL and its predecessor companies have provided financial services for more than 125 years. Retirement products were introduced in 1963 and today include more than 12,000 active retirement plans, nearly half a million participants and more than $7 billion in retirement plan assets. For more information regarding AUL’s new investment options, contact AUL’s Investment Department at 317-285-1122. Visit us on the Web at http://www.eretirement.aul.com/
DST Output, a wholly owned subsidiary of DST Systems, Inc., provides integrated print and electronic communications for the brokerage, banking, mutual fund, insurance, communications and healthcare industries. DST Output produces more than 1.6 billion customer communications a year from its state-of-the-art facilities in North America. For more information, visit http://www.dstoutput.com/
Note: Registered group variable annuity contracts issued by American United Life Insurance Company® (AUL) are distributed by OneAmerica Securities, Inc., Member NASD, SIPC, a wholly owned subsidiary of AUL. AUL Retirement Services is a division of AUL, which is the founding member of OneAmerica Financial Partners, Inc.
Note: Qualified retirement plans from AUL are funded by an AUL group variable annuity contract. While a participant in an annuity contract may benefit from additional investment and annuity related benefits under the annuity contract, any tax deferral is provided by the plan and not the annuity contract.