RCG News

RCG Announces Joseph P. Kennedy II to Join Advisory Board

SAN DIEGO, December 15, 2005 -- Retirement Capital Group, Inc. (RCG), a leading provider of executive compensation and benefit solutions, today announced the addition of Joseph P. Kennedy II to the RCG Advisory Board.

Mr. Kennedy presently serves as Chairman and President of Citizens Energy Corporation, a non-profit company channeling revenues from successful businesses to fund and operate a wide array of charitable programs in the U.S. and abroad.

During the oil price shocks of the late 1970's, Mr. Kennedy founded Citizens Energy with profits from global petroleum trading and refining deals to reduce the cost of home heating oil for the poor and elderly in Massachusetts. He started innovative ventures in the natural gas, electricity, and conservation industries before stepping down from Citizens in 1986 to spend 12 years in Congress.

While serving on Capitol Hill, Mr. Kennedy was an outspoken advocate of efforts to leverage the private market to address social needs, human rights, and economic opportunity around the world.

After his return to Citizens in 1998, Mr. Kennedy launched Citizens Health providing low-cost prescriptions and medical care to the uninsured, and further expanded the company’s efforts to provide low-cost heating oil and natural gas.

Mr. Kennedy also serves as Director of Provide Commerce, a publicly traded internet retailing company.

"We are excited to have Joe on the RCG Advisory Board. He will beneficial to us as we expand into the Northeast," says William L. MacDonald Chairman and CEO.

About Retirement Capital Group

RCG offers nonqualified executive benefit consulting services in the area of plan structure, design, benefit security, funding, implementation, and administration. RCG’s unbundled approach is a paradigm shift, providing companies access to proprietary and creative solutions, the highest caliber of experts in the executive benefits marketplace, and a network of third-party administrators. RCG’s corporate headquarters is located in San Diego, California.

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