As 2018 draws to a close, we take a look at how financial wellness has grown in the past 12 months. What features were among the most popular with participant employees? How has targeted education fared with both workers and employers? And what can plan sponsors expect in the upcoming year? Here, we highlight some of our most popular stories of 2018.
403(b) Plan Sponsors Offer Education About a Variety of Financial Wellness Topics
The 2018 PLANSPONSOR Defined Contribution Survey found 403(b) plan sponsors, to a higher degree than respondents overall, offer college savings and student loan repayment benefits. Read more.
Financially Well Employees Buoy the Bottom Line
According to John Hancock data, helping employees reduce their financial worries is well worth employer’s time and attention. Read more.
Retirement Planning Isn’t Just About Saving
During National Retirement Security Week, industry sources remind plan sponsors that education should include all factors in the realm of retirement planning. Read more.
One out of every six workers in the U.S., or 105 million people, assists with caregiving. Read more.
The Value of Financial Wellness Programs
A Prudential study found adoption of financial wellness programs has increased 20% since 2016, while 14% of employers plan to implement a program within the next two years. Read more.
Five underutilized plan features that can boost outcomes. Read more.
PSNC 2018: A Shift in Educating Participants—What Is Financial Wellness?
Is it more than education? Is it a full-blown program or something spontaneous and ad hoc? How frequently is it delivered, and how is it benchmarked? Who delivers it, and when? Read more.
Women Say Financial Industry Caters to Men
A study points out the differences in women’s and men’s life journeys and challenges that should be considered in women’s retirement planning. Read more.
Maintaining a Top Notch Call Center
In an age where technology rules, call centers are still an important tool for those wanting a more personal experience. Read more.
Simple Steps to Offering Student Loan Repayment Benefits
Industry findings shows student debt affects more than just newly hired Millennials. Read more.
Monitoring the Details Behind Retirement Plan Websites
Retirement plan sponsors need to make sure their participant websites are correct and relevant. Read more.
Physical, Mental and Financial Wellness Viewed as Equally Important
Responses to a large survey of health care consumers suggests that workers now expect their employers to support physical, mental and emotional, and financial wellbeing equally. Read more.