​​Our partnership with IBEW Pension Plan

Scarborough Alliance partnered with the IBEW-NECA Pension Plans in 2017 to provide individual investment advisory and retirement planning services for all plan participants.

Many retirement plans do not provide individual investment advice to plan participants. Because of the complexity of investing for retirement, many participants believe they need to leave their plan at retirement to work with an individual investment advisor. The Trustees of the Pension Plans believe that most participants are better off keeping their accounts in the Pension Plans at retirement.

To provide professional investment advice and encourage participants to stay in the Pension Plans at retirement, the trustees of the Pension Plans continue to engage Scarborough to make available retirement and investment advisory services to you, as a participant in one of the Pension Plans.

Scarborough collaborates with the IBEW-NECA Pension Plans to put together a robust list of services available to plan participants including an educational website, in-person retirement planning workshops, financial wellness webinars, portfolios using the plan funds, and one-on-one consultation with Regional Managers, in person, by phone, or video conference.

You have access to individualized investment advisory services which previously were only available with a retail product. Scarborough can help you compare the expenses in your plan versus those of retail rollover options.

Scarborough is paid directly by the Pension Plans. There is no additional charge to use Scarborough’s services for individual investment advice related to your account with the Pension Plans.

You are encouraged to take advantage of Scarborough’s investment advisory services aimed at helping you receive the advice you need to achieve a successful retirement.