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Nick Harness Joins Fringe Benefit Group as Chief Information Officer
Fringe Benefit Group (FBG), an industry leader in the design, implementation and administration of benefit plans for government contractors, restaurants, retail, and staffing companies, today announced that Nick Harness has joined the company as Chief Information Officer (CIO). Harness brings extensive technology and business leadership experience to FBG, where he is focused on enhancing platform features, optimizing the user experience and pushing data-driven insights to customers.
Over the past two decades, Harness has served in various technology leadership roles across JPMorgan Chase’s Asset Management Division and Morgan Stanley’s Research Division in New York City where he delivered technology solutions on a global scale. Most recently, Nick served as Chief Information Officer at Kestra Holdings, an Austin-based wealth management company, where he helped the company achieve rapid growth acceleration through technology modernization and innovation.
“We are very excited to have Nick join the FBG team. His vast experience in delivering innovative technology solutions across financial services industries will allow FBG to launch major technology enhancements on our platform and better streamline benefits administration for our customers. We look forward to a steady announcement of new features for our customers in the months ahead,” said Travis West, CEO of Fringe Benefit Group.
“I can’t wait to work with FBG’s leadership to further accelerate our product and technology development strategy and help our customers – hardworking Americans – understand and easily access their benefits. My mission is to give our customers the best features and functionalities through a significant investment in technology and innovation,” said Harness. Harness received his MBA from New York University and a Bachelor of Engineering (Honors) degree in Electrical and Electronic Engineering from South Bank University, London, UK.
Transamerica Deepens Collaboration with Fringe Benefit Group to Expand Retirement Plan Solutions Through The Contractors Plan
Transamerica today announced it has expanded its collaboration with Fringe Benefit Group (FBG) and The Contractors Plan, a $2 billion prevailing wage retirement plan program that administers retirement benefits for nearly 1,500 employers and more than 64,500 American workers.
FBG’s history of providing customized benefit programs for government contractors, restaurants, retail and staffing companies across the United States will complement new service offerings from the expanded collaboration. This includes Transamerica’s Managed Advice® (savings and investment advice for employees), a multilingual website featuring advanced, customizable and intuitive retirement planning tools, as well as a platform with robust investment options to help employees meet their retirement goals.
“We are excited to expand this collaboration, leveraging our pooled plan capabilities as a scalable and efficient model for new plan growth,” said Darren Zino, Transamerica’s head of retirement distribution. “We will lean into FBG and The Contractors Plan’s incredible network to enable us to expand retirement plans and service offerings to even more hardworking Americans.”
“FBG and The Contractors Plan is proud to exclusively partner with a leading institutional retirement and asset management platform in Transamerica,” said Travis West, FBG’s CEO. “Combining Transamerica’s retirement expertise and comprehensive suite of solutions with our industry-specific technology and compliance programs will bring substantial benefits and value to any client or prospect in our industries of focus. This collaboration is paving the way for innovations that we believe will set a new standard.”