Putnam Investments is readying a new retirement benefits program that banks can market to small companies.

The turnkey 401(k) plan program, geared to companies with fewer than 100 employees, will hit the market in September, said Louis Tasiopoulos, director of the Boston-based mutual fund company's financial institutions division.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.