The importance of measuring return on investment and addressing participants’ short-term needs.
Tag: financial wellness programs
A look at consolidation, the role of recordkeepers and the importance of financial wellness programs.
Yet, nearly three-quarters (71%) of those responding to an EBRI survey who said debt was a major problem worried about finances at work.
The new offering, iGrad's Enrich financial platform, goes beyond investment and benefits planning to provide the foundational information and insights needed to help consumers not only improve financial literacy, but also sustain it over time.
The second whitepaper in a series says a successful financial wellness program helps employees achieve financial security by bridging short-term needs with long-term goals.
The solution will focus on behavioral change by providing personalized wellness plans, according to MetLife.
Robert Gibson, fiduciary consultant at Centurion Group, says there is pressure on advisers from plan sponsors about what they can offer participants, and the challenge is how the program will be paid for.