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.
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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.

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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.

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