Concurrent Hires David Montgomery from OneDigital to Head Retirement Plan Division
The RIA has hired Montgomery to further its retirement focus while also announcing a partnership with TIFIN @Work on a...
Tag: Financial Wellness
Advocates Push for Financial Wellness Programs to Support Employees
By prioritizing their workers’ financial health, companies can foster a more engaged and productive workforce.
Retirement Benefits Valued by More Workers Than Last Year
EBRI found that more employees value retirement savings’ role in their financial security.
Increased Share of Workers Credit Employers for Efforts to Reduce Financial Stress
A Schwab survey of 401(k) participants also found increased familiarity with SECURE 2.0 provisions compared with last year.
John Hancock Retirement Appoints Shannon Stiles as Head of Participant Outcomes
Stiles left Fidelity to take the new role, which will focus on boosting participant engagement and financial wellness.
Decline Reported in Financial Inclusion Initiatives
Larger businesses saw significant decreases in financially inclusive measures, according to an annual financial inclusion study by Principal Financial Group.
How Employee Resource Groups Can Make Financial Wellness More Approachable
Speakers at a webinar co-hosted by EBRI shared how the smaller cohorts can lead to more tailored financial wellness programs...
Financial Uncertainty Pushes Americans to Rethink Retirement Plans
As retirement draws nearer for millions of Americans, concerns about post-retirement finances are rising.
Media’s Role in Creating Retirement, Investing Stress
A Capital Group national accounts manager makes the case that simply turning off the TV may help boost financial wellness.
Commonwealth Gets $7M JPMorgan Funding for Low-Income Worker Program
The nonprofit will use the funds to launch an initiative to enhance access to workplace financial benefits to low- and moderate-...
Morningstar: 45% of Americans Will Run Short of Funds if Retiring at 65
A new retirement savings simulation tool by the financial services firm signals widespread retirement shortage.
Workplace Advice Use Trending Up, But Age, Assets Matter
Data from Hearts & Wallets found that more middle-asset, middle-aged households are turning to the workplace for financial guidance, but...
Gen X, With Retirement “Around the Corner,” Not Confident in Income Replacement
Three distinct reports agree Gen X needs financial guidance via the workplace—with participants valuing transparency and honest dealing.
Challenges Facing Young Savers
Industry experts discuss how to address challenges facing young workers.
Participants’ Progress
Fresh research shows signs of progress for 401(k) savers, but challenges from lack of access to losing momentum due to...
Why Aren’t Participants Using Financial Wellness Programs?
Cerulli found that most financial wellness solutions are used at a rate of under 20%, with muddled communication and definition...
Both Ends of Financial Wellness Spectrum Benefit from Coaching
Coaching seemed to work best for those with the most need—whether due to a strong financial position, or those struggling...
Financial Wellness Moves From “Nice to Have” to Table Stakes
In the second installment of this quarter's PLANADVISER In-Depth, advisers discuss the crucial role financial wellness programs play both for...
‘Retirement Fluency’ Not Evolving
Americans’ understanding of retirement-related topics has remained relatively flat since 2017, according to an annual study conducted by TIAA and...
NewRetirement, With $20M In Hand, Seeks Workplace Partners
A "turbotax" for retirement is leveraging recent funding to get deeper into the workplace financial wellness market.