Products April 6, 2009

Windham Unveils Communication Software for Financial Advisers

Windham Capital Management, an investment technology provider, released a software tool for financial advisers, the Windham Planner Express.
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The tool offers four key features: portfolio selection, risk management, wealth planning, and proposal and report generation, according to a press release. It is used to enhance the adviser-client relationship by enabling advisers to effectively communicate financial concepts to clients.

The tool “allows you to work more efficiently, grow your client base, and differentiate yourself in the marketplace,” said Lucas Turton, vice president of marketing, in the release. Windham said one of the distinguishing features is the risk management module, which evaluates probability of loss at the end of, and throughout, an investment period.

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The new software tool is licensed yearly for $1,800. Complimentary Web demonstrations are also available. More information is available at www.windhamcapital.com.

 

Products April 6, 2009

Principal Offers Price Break to Small Businesses

The Principal will offer a 0% rate increase on several employee benefits for customers with 50 or fewer employees.
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Those firms with renewal dates from July 1, 2009, through January 31, 2010, will have no rate increase on life, vision, short-term, and long-term disability coverage. In addition, there will be only a 3% increase for dental coverage.

The Principal estimates that 31,000 employers nationwide will see cost savings. On average, a customer with three lines of coverage will experience a savings of $1,200, the announcement said.

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“Often it’s the smallest businesses who feel the biggest impact when times are tough. We recognize these businesses are struggling with shrinking budgets and pressure to maintain quality benefits for their employees,” said Amy Friedrich, vice president of specialty benefits for the Principal Financial Group, in the announcement.

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