M&I Launches Planning Tool for 401(k) Participants

M&I Institutional Trust Services (M&I) introduced RightTrack, a suite of education and advice tools for 401(k) plan participants.  

Under the umbrella of RightTrack, M&I’s retirement platform is used to deliver access to interactive tools and personal assistance, creating customized retirement planning solutions for clients.

 RightTrack provides plan participants with:

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•  Guidance Plus – automatically presenting the participant with a customized action plan,
based on pre-populated account data, such as the participant’s account balance, investment options, current investment elections, savings rates, contribution formulas and other basic employee information.


•  Advice Plus – enabling the participant to create custom asset allocation strategies and evaluate various theoretical outcomes against what-if scenarios. RightTrack can also provide individual fund recommendations tied to a participant’s chosen asset allocation strategy.

•  Workplace Financial Planning – meeting one-on-one with participants to develop and implement a more comprehensive long-term financial plan, as well as continually monitoring their progress and adjusting the plan to ensure it meets their ever-changing needs. 

RightTrack also provides participants preparing to leave their employer’s retirement plan with:

•  Distribution Services and Rollover Assistance – Aiding participants by providing unbiased educational information, access to the IRA Marketplace and an online tool for completing the necessary forms, which includes pre-populating their IRA application with account information.

•  Additional Workplace Financial Planning – incorporating the participant’s employment change into their personalized, long-term plan.

JHFN Launches Adviser Training Program

John Hancock Financial Network’s (JHFN) adviser support team launched customized adviser 401(k) sales training.

The program, developed by Integrated Retirement, is designed to equip advisers with the foundational knowledge they need to grow their business and support their 401(k) clients. 

Financial representatives participating in the 401(k) training program generally have less than six months of retirement plan experience or less than five 401(k) plan sales. Participating advisers complete a series of course modules that contain real-world, practical information to apply to their day-to-day 401(k) sales and support practices.

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