PANC 2019: Beyond the Buzzwords: Making ‘Cents’ of Financial Wellness
Industry insiders discuss what a ‘true financial wellness program’ is and is not—and what it should consist of.
PANC 2019: Learning From Adviser M&A Transactions
Why two advisory practices decided to sell and become part of a larger benefits broker and a wealth management company.
Morgan Stanley Expands Student Loan Capabilities
The Morgan Stanley at Work financial wellness platform now includes student loan refinancing capabilities and expanded financial coaching.
MyBlocks Digital Tool Covers Various Financial Wellness Topics
It enables advisers to engage prospects and clients of all ages and financial backgrounds and to use the registration information to turn prospects into clients.
Advising on Short-Term Goals for the Long-Term Future
Financial Stress Flows Up and Down the Generations
A new TIAA survey suggests Americans who are concerned about their parents’ financial security are more likely to feel stress about their own retirement preparedness.
Emphasis on Value-Add Services in Morgan Stanley’s Solium Acquisition
FPS Group Introduces AdvisorConnect for 403(b) and 457(b) Plan Participants
AdvisorConnect is a support network of plan sponsor-approved, registered financial professionals who specialize in the public-sector retirement space and has been designed as a value-add to plan participants seeking customized financial solutions.
Pentegra Releases Millennial SmartPath
Pentegra Millennial SmartPath is a report detailing best practices and strategies for Millennials to help improve retirement readiness and overall financial wellness.
Seventy Percent of Americans Feel Financially Stressed
Asked what benefits support their well-being, 74% said retirement plans, 56% said life insurance, 35% said tuition reimbursement/student loan repayment programs, and 29% said financial education.
MassMutual Tool Provides Personal Financial Wellness Score
MapMyFinances also offers guidance to help people achieve their financial goals.
Firms Collaborate to Provide Student Loan Benefits and Financial Wellness Education
Gradifi, a provider of student loan and college savings employee benefits, will offer EVERFI’s interactive financial wellness content and tools.
Retirement Planning Behavior Differs by Financial Fragility
Almost all of those with high fragility are prioritizing being able to afford everyday bills, while those with low fragility are prioritizing saving for the future, including for retirement, according to a Society of Actuaries report.
Principal Pairs Financial Wellness with Voice Activation
Principal Flash Briefing, the firm’s financial wellness platform, relies on Alexa.
Guardian Foresees Student Loan Repayment Programs Taking Off
Fifty-two percent of late Boomers say college debt is a major impediment to meeting their financial goals, while 38% of early Millennials and 32% of later Millennials say the same.
For Millennials, Market Volatility Can Bring Opportunity
Despite Net Outflows From 401(k)s, Cerulli Sees Opportunities
Cerulli also sees opportunities for advisers in the 403(b), defined benefit (DB), and financial wellness markets.
2018 Practice Development: A Look at New Revenue Streams
This year, the Practice Development column in PLANADVISER print explored various ways retirement plan advisers can expand their practices beyond 401(k)s, with the goals of adding new revenue streams, better serving participants and solidifying client relationships.
Most 403(b) Plan Sponsors Feel Responsible for Employees’ Financial Wellness
The 2018 PLANSPONSOR Defined Contribution Survey finds that 403(b) plan sponsors offer more formal financial education/guidance on a variety of topics than the overall 4,000 defined contribution (DC) plan sponsors surveyed.
Asian-Americans Place High Levels of Importance on Financial Goals
Prudential Financial looked at the financial health of Asians, Blacks, caregivers, Latinos, LGBTQ Americans and women.