Santa Monica, Calif. — National Planning Holdings Inc., an affiliate of Lansing, Mich.-based Jackson National Life Insurance Co., reports that paper-free mutual fund processing is now available for qualified retirement plans within its Web-based representative workstation system, Electronic Order Entry (EOE).

NPH is the first firm in the industry to introduce electronic mutual fund transactions for qualified accounts through an innovative custodial account opening process, claims the company. The network introduced fully automated mutual fund processing for nonqualified accounts in February 2008.

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