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Press Release

Ascensus Appoints Dan Basile as Head of Product for the Firm's Retirement Line of Business

Issued by Ascensus

Nov. 21, 2019

Industry Veteran Will Shape a Robust Retirement Solutions Roadmap Tailored to Clients’ and Savers’ Needs

Dresher, PA, November 21, 2019 — Ascensus — whose technology and expertise help millions of people save for retirement, education, and healthcare — is pleased to announce the appointment of Dan Basile as head of product for the firm’s Retirement line of business.

In this role, Basile will lead retirement product strategy and development initiatives. He will also work closely with other business lines to advance integration opportunities and innovation efforts across the organization. Basile will report to Shannon Kelly, head of Ascensus’ Retirement line of business.

Prior to joining Ascensus, Basile spent nine years at BlackRock, most recently as managing director and head of product management for the firm’s U.S. & Canada defined contribution business. He led product efforts across both institutional and advisor-sold sales channels, while overseeing the team responsible for all aspects of product delivery, including pricing, implementation, and driving the technology agenda. Basile started his career as a pension benefit administrator at MetLife and has over 20 years of retirement industry experience covering nearly all aspects of the business, including plan design and administration, implementation, investments, and systems project management. He received a Bachelor of Arts degree in Mathematics from Gettysburg College and holds his Series 7, 66, and 24 licenses.

“Dan’s vast experience and deep domain knowledge make him an excellent choice for shaping our strategic vision for retirement products and services,” states Kelly. “With his leadership, we will continue to work with leading institutional and distribution partners to help meet the savings needs of our retirement plan clients and their employees.”

About Ascensus
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. The firm delivers technology and expertise to help millions of people save for what matters most — retirement, education, and healthcare. For more information about Ascensus, visit ascensus.com. Explore the firm’s latest data and insights on savings behaviors at pulse.ascensus.com.

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.