Vanguard has partnered with EQ, a shareholder services company, to provide equity compensation services to plan sponsor clients and their participants.
Employers will be able to seamlessly integrate their employee equity compensation plan with their existing defined contribution (DC) plan and provide participants with a one-stop platform designed to simplify administration, streamline transactions and inform financial decisions.
Plan sponsors who elect to add employee compensation services will benefit from EQ’s technology platform, which features real-time financial analysis, modeling tools and support of multiple languages and currencies, integrated within Vanguard’s existing participant web portal. Redesigned in 2017, Vanguard’s personalized online participant experience provides capabilities such as the Retirement Readiness Tool and Personalized Participant Journeys, which are intended to help participants balance their financial goals and save for the future.“Our partnership with EQ underscores our mission of helping millions of individuals save for a secure retirement by providing participants with a comprehensive suite of tools they need to achieve their financial goals,” says Martha King, managing director of Vanguard’s Institutional Investor Group.
You Might Also Like:
« John Hancock Adds Emergency, College Savings Tools to Financial Wellness Offering