Products March 10, 2008

Principal Tool Gives Advisers Tailored Access to Client Data

A new online account management tool from The Principal Financial Group provides retirement-focused financial professionals fast, tailored access to client data, according to a company announcement.
Reported by

Located in the Principal eFinancial Professional (Principal eFP) Web site at www.principal.com, Retirement Dashboard gives financial professionals secure, 24/7 access to information on their qualified retirement plan clients with The Principal. According to the announcement, Retirement Dashboard provides access to at-a-glance client summaries and financial professionals can drill down for more detailed information and access downloadable reports for:

  • account value comparisons,
  • distribution information,
  • investment options,
  • investment balances, and
  • participation rates.

Financial professionals can download data into an Excel or PDF file and can even combine it with client data from other retirement plan service providers, the announcement said.

For more stories like this, sign up for the PLANADVISERdash daily newsletter.

Members of an adviser’s support staff are able to view client data through the “delegate’ function of Retirement Dashboard, and if financial professionals or their support staff have questions about a particular client, they can send an e-mail directly to the client’s service representative at The Principal.

In addition, a new compliance tab allows financial professionals to view the compliance testing results of all qualified retirement plan clients.

«