For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Products June 22, 2016
vWise, Schwab Retirement Technologies Partner on New Tools
The personalized video and online calculator are both focused on retirement income.
Reported by Lee Barney
vWise has partnered with Schwab Retirement Technologies to offer two new tools focused on retirement income: PowerView and IRIO.
PowerView takes into account an individual’s balance, asset allocation, year-to-date contributions and employer matching funds to project their balance at retirement—in the format of a personalized video that provides specific next steps to improve that outcome.
IRIO, the Integrated Retirement Income Optimizer, encourages participants to contribute more to the plan by showing how increases in contributions translate directly into higher monthly income in retirement.
You Might Also Like:
Strategies for Navigating Retirement Income for Participants
At the PLANADVISER 360 conference, experts discussed strategies for balancing flexibility, cost and transparency.
How Plan Advisers Are Reacting to Trump Election Win
Retirement plan advisers weigh in on post-election market impacts, retirement strategies and the overall economic outlook.
Implicitly Wrong: Hidden Fees in Retirement Income Solutions
Scott Colangelo of Prime Capital Financial argues that a lack of transparency will hold back the promise of in-DC-plan retirement...