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Products May 1, 2002
mPower Lands Continental's Advice Business
January 17, 2001 (PLANSPONSOR.com) - Continental
Airlines has picked mPower's online advice product for its
54,300 employees.
Reported by Nevin E. Adams
mPower will provide Continental employees with advice integrated into their existing retirement program through a strategic alliance with Continental’s plan provider, Hewitt Associates.
Benefits to Continental employees include:
- each participant receives a personal home page on mPower’s advice site, with fund specific investment recommendations based on personal objectives and risk tolerance
- information about the company’s 401k program and the participant’s personal profile is already pre-populated, eliminating the need to manually enter financial data
- portfolio performance can be tracked on a daily basis
- participants can implement mPower’s allocation recommendations online.