SmartPlan Enterprise will help educate and engage employees in preparing for their retirement future. It is an interactive, video-based online retirement education service created by vWise. Mutual of Omaha is offering the service at no additional cost to retirement plan advisers or plan sponsors.
SmartPlan increases plan participation and helps fulfill fiduciary duty while enhancing print communications and on site meetings, the company says. It uses a proprietary mix of video and interactive technologies to discuss specific plan features and benefits along with interactive applications to educate participants about risk tolerance, plan investments and other key features.
It also helps plan participants better understand complex information and ultimately make personalized choices that meet their needs.
SmartPlan is fully customizable for each sponsor plan. They can brand it with the provider and/or sponsor logo, and choose which plan provisions the hosts will discuss, such as auto enrollment, loans and matching contributions.