Ascensus announced that it is implementing NextCapital's customizable technology platform to accommodate a growing need for more flexible investment and fiduciary solutions at the institutional and participant levels. Ascensus chose NextCapital based on its stellar reputation for enabling institutions to deliver scalable, planning and advice, both inside and outside of 401(k) plans. Third parties, including financial advisors and Ascensus' key distribution partners, can customize the NextCapital platform and assume the role of the fiduciary. Alternatively, NextCapital can serve as fiduciary while providing advice to participants. The collaboration with NextCapital allows Ascensus to expand on its ability to: deliver valued-added advice solutions to advisors and their clients; offer future institutional and distribution partners the ability to implement their own fiduciary solutions; and improve retirement outcomes through higher usage of advice by participants.