Edelman Launches Corporate Retirement Plan Financial Wellness Program
The program seeks to gain insight into the financial health of employees and provide them with counseling to address critical needs.
Study Finds Advantages to Virtual Retirement and Financial Wellness Education
An increase in participant engagement and confidentiality are reasons to continue virtual meetings when employees are back in the office.
Employee Debt and Financial Wellness Education a Hotspot for Employees
In addition to deciding whether to save for retirement or pay down debt, employees should think about how much they can contribute to an emergency short-term savings.
The Evolving Face of Financial Wellness
Employee stress has increased, especially among younger generations dealing with student debt, and so employers should provide financial wellness programs that continuously engage and motivate their workers, according to a recent PwC survey.
Employees More Concerned About Immediate, Rather Than Future, Financial Needs
However, a survey suggests engagement with financial wellness programs boosts retirement confidence.
Generations Divided About Short-Term Financial Confidence
After facing challenges resulting from the pandemic, younger participants show the most interest in receiving help from a financial professional.
Participants More Receptive to Retirement Planning Help
Help with investments and retirement income were cited by participants in two surveys.
Principal Selects Edelman for Retirement Advice and Financial Wellness Offering
Select large employers on Principal's recordkeeping platform can provide access to Edelman Financial Engines’ financial planners, an array of financial education tools and online advice.
UBS Adds Analytics Tool to Workplace Wealth Solutions Offering
A collaboration with Equifax helps employers understand financial stressors affecting employees.
Measuring Success an Important Part of Financial Wellness Programs
Whether they take part in implementing the programs or not, advisers can help clients establish metrics for measuring the success of financial wellness programs.
Advisers Can Help Retirement Plan Sponsors Regroup for 2021
Voya Offers SAVVI’s COVID Relief Planning Assistant
Employees of Voya’s clients whose income has been affected by the COVID-19 pandemic will be able to get a personalized short-term financial action plan.
Financial Benefits Marketplace Offered by Ayco
The Ayco Marketplace offers both proprietary solutions and curated products and services from other organizations addressing a variety of financial needs.
Empower to Acquire Digital Adviser Personal Capital
Personal Capital will be positioned to serve plan participants who seek a combination of digital and human advice while helping to accelerate the capture of rollovers and other out-of-plan assets, the firms say.
Clients Can Get a Free Trial of SmartDollar Financial Wellness Program
SmartDollar will evaluate each company’s situation to determine the length of the free trial.
Prudential Partners With GreenPath for Financial Wellness Offering
Users can get a free session with a certified financial counselor or enroll in a formal debt management plan for a fee.
John Hancock Adds Emergency, College Savings Tools to Financial Wellness Offering
With the click of a button on John Hancock Retirement’s participant site, participants can create an emergency savings account.
Firms Partner on ‘New Engine for Financial Wellness’
EvoShare and intellicents are offering a program that will put cash back on purchases into retirement and other savings accounts.
MassMutual Adds More Student Loan Repayment Help to Financial Wellness Tool
A refinancing program provided through CommonBond is available to people who have access to MassMutual’s retirement plans, voluntary benefits or both.
MassMutual DC Plan Clients Now Have Emergency Savings Solution
The emergency savings solution is available automatically through MassMutual’s MapMyFinances financial wellness tool.