Financial wellness is a bit of a conundrum. Its roots are in a person’s wallet, but when things go wrong, it can impact their health. As a result, employee benefit programs that don’t include a financial component may not be addressing a critical impediment to wellness.
Sponsored by John Hancock Retirement Plan Services
The notion of promoting financial wellness through workplace programs has been gaining traction for several years now. Still, fewer than one in four employers have implemented a financial wellness program, and many remain uncertain about what such a program should look like.
Sponsored by Schwab Retirement Plan Services, Inc.
Nearly six years after the Department of Labor began enforcing new fee disclosure rules for retirement savings plans, some plan sponsors still struggle to understand exactly how much they’re paying and whether they’re getting good value for their money. Advisers—supported by the right partners—can provide the answers.
Large market retirement savings plans may seem like an obvious target for investment advisors. However, there is great opportunity in small and mid-market defined contribution (DC) plans, where growth…