Business

Ameren renews with Fidelity

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Fidelity Investments, a Boston-based financial services company that offers workforce retirement plans, said today that it has renewed its retirement services relationship with Ameren Corp., a provider of electricity and natural gas to customers in Western Illinois and Missouri.

In a press release, Fidelity said it provides more than 9,000 Ameren employees with a 401(k) plan and eligible employees with a nonqualified retirement plan, with combined assets of $1.5 billion. Fidelity began its relationship with Ameren in 2008, and the five-year renewal began Jan. 1.

In a statement, Jeffrey Lagarce, a Fidelity executive vice president, said: “A successful plan goes beyond simply getting participants enrolled to providing educational guidance that helps ensure they make informed decisions on savings, asset allocation, and other factors designed to provide a secure retirement.”

Chris Reidy can be reached at reidy@globe.com.
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