VALIC, a leading retirement plan provider, today announced that it has integrated LPL Financial’s Worksite Financial Solutions platform into its suite of offerings. LPL Financial LLC, is the nation’s largest independent broker-dealer, an RIA custodian, and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA).

Through the partnership, VALIC enables plan sponsors who work through an LPL Advisor the option to take advantage of the Employee Advice Solution. The solution, part of LPL’s Worksite Financial Solutions platform, allows plan participants to receive customized retirement advice through an online service. The tool gathers information on each participant’s financial picture and life stage. After completing the detailed “on-boarding” process, participants can elect to receive personalized advice through the system or manage their accounts on their own. Plan participants can elect to receive advice all the way through retirement as well.

Jana Greer, President of VALIC, said, “We are very pleased to expand our already successful AIG/LPL partnership to include the LPL Worksite Financial Solutions platform. The custom-tailored advice solutions will benefit our shared clients. VALIC is committed to serving plan sponsors and offering personalized financial guidance to plan participants, and through this partnership, we are making even greater strides to improving the financial future of the American worker.”

Bill Chetney, President of LPL Financial Retirement Partners, said, “The Worksite Financial Solutions platform represents LPL Financial Retirement Partners’ vision for the future of the retirement advisory industry, and enables plan participants to receive the personalized advice they need in order to prepare for the landscape ahead with confidence. We are honored that VALIC recognizes the importance of this vision. VALIC’s long standing leadership position in the not-for-profit markets makes this a particularly exciting addition to the platform. We look forward to working together to further empower our retirement-plan focused advisors to move the industry forward.”

About VALIC

For more than half a century, VALIC has served as a leading retirement plan provider for healthcare, education, government and other for-profit institutions. As of December 31, 2013, VALIC has over $85 billion in total customer assets under management, and manages plans for nearly 25,000 groups serving more than 2 million plan participants. VALIC represents The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2013), an RIA custodian, and an independent consultant to retirement plans. LPL Financial offers proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to more than 13,600 financial advisors and approximately 700 financial institutions. In addition, LPL Financial supports approximately 4,500 financial advisors licensed with insurance companies by providing customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have more than 3,000 employees with primary offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com. Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC.