Ascensus to Offer App to Help Participants With Savings Decisions
As employees make savings decisions, the app will offer illustrations of what those elections might mean for future progress.
As employees make savings decisions, the app will offer illustrations of what those elections might mean for future progress.
It leverages biometrics, education and on-the-go account access to help instill confidence in retirement plan participants and make transactions quick and easy.
A paper promoted by the Voya Behavioral Finance Institute for Innovation and Andrew Way, with Corporate Insight, discusses the role plan sponsors, and advisers, have in making sure retirement plan websites and mobile apps are best for participants.
The redesign also includes expanded educational content surrounding annuities.
The mobile app looks to increase productivity for when plan sponsors have no access to their desks.
MassMutual announced facial recognition is allowed for Apple iPhone X users.