Nationwide Retirement Solutions (Nationwide) makes payments to the International Association of Fire Fighters – Financial Corporation (IAFF-FC) in return for the value of services and endorsements that IAFF-FC performs generally for all its members related to Nationwide's products and services. Those payments are also for the use of IAFF-FC's logo and endorsement in connection with Nationwide's products and services. IAFF-FC's services and endorsement include:
IAFF-FC chose to endorse Nationwide because it believed Nationwide to be qualified to provide the retirement education, investment choices and service for public employees. IAFF-FC's endorsement is based on its ongoing evaluation and review of the products and services offered by Nationwide. IAFF members benefit generally from IAFF-FC's oversight and ongoing evaluation of the program to keep it competitive for public employees. IAFF members are free to choose Nationwide or any other provider of retirement products and services.
The amount paid to IAFF-FC during the fiscal year ending on December 31, 2012 was a fixed amount of $1,268,750.
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