The Hartford Financial Services Group Inc. is adding company recordkeeping to its slew of business offerings, thanks to its latest acquisition of the defined contribution recordkeeping alliance business of Georgia-based Princeton Retirement Group.
When the transaction is completed, it will give The Hartford a firm foothold in the business of providing recordkeeping services to large financial firms.
The news of growth comes alongside boosts to The Hartford’s retirement plans. The company has added $7 billion in retirement plan assets across more than 720 plans and about 170,000 plan participants. Â
