Principal Unveils Participant Education Tools for Advisers

The Principal Financial Group said its new Participant Education Planning Tool gives financial professionals access to a library of education plans and materials and the flexibility to build participant education programs that align with their service models.

Using the new tool, The Principal said financial professionals can find complete education plans that are ready to use; templates they can tailor to make the education plans their own; and materials that allow them to create a variety of education plan options.

Advisers also have access to local education personnel who conduct both group education meetings and one-on-one meetings with participants. Financial professionals can use the Participant Education Planning Tool to help retirement plan sponsors increase participation, salary deferrals, and overall participant satisfaction with the plan, according to The Principal.