With its acquisition of College Finance Company, the company, now known as Candidly, says its platform can be delivered as an employee benefit or embedded into a partner’s native experience.
Tag: student loan debt
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.
Research and advisory experts share their perspectives on how student debt affects workers and employers, while offering insights on the intersection of financial wellness and retirement planning.
EBRI compared accumulated net worth, retirement plan and student loan incidence for Baby Boomers, Generation Xers and Millennials at the same ages.
Student debt has put those in the Millennial generation at a disadvantage when it comes to turning their education into wealth, particularly in the form of home ownership.
A Fidelity Investments study found high school parents expect the annual cost of college to be far lower than what the College Board reports.
A number of Millennials are misinformed about when to save and invest for retirement, and they need plan sponsor help with student loan debt.
In the past few years, her practice has grown its assets by nearly $1 billion a year.
Jason Chepenik says advisers need to continue to have the courage to try new ideas.
The investment firm has also added personalized financial wellness digital capabilities.
It enables sponsors to shift their benefits dollars to the retirement plan or to an employee’s student loan servicer.
Retirement-focused financial advisers generally aren’t as informed about student loan debt as they are about health and wellness, but now may be the perfect time to change that.
The goal of the collaboration is to expand awareness of refinancing as a potential solution for those looking to simplify their student loan payments and get a lower interest rate.
The Morgan Stanley at Work financial wellness platform now includes student loan refinancing capabilities and expanded financial coaching.
As student loan debt reaches an all time high, the two firms are pushing the conversation on what families must know early on about college funding.
Among those that are, they are more likely than others to have measured their employees’ financial wellness.
The program will go into effect for Travelers' U.S. employees in January 2020.
Employees can determine how they want to allocate employer 401(k) matching dollars.
By talking about the power of compounding and emphasizing the importance of investing at the same time one is paying down debt, advisers can inspire younger clients to save more and save earlier.