Freedom One Adds vWise SmartPlan to Platform

January 13, 2010 ( - Freedom One Financial Group has added vWise SmartPlan Enterprise to its education and communication service offering to plan participants.

A vWise press release said SmartPlan Enterprise provides the benefits of a personal financial professional in a Web site. The solution combines a video-based presentation of detailed financial information with an interactive application that prompts users to make informed investment decisions.

vWise video hosts offer a brief video overview of 401(k) basics, followed by a discussion of selected plan features — such as auto-enrollment, matching contributions, and loans — that plan sponsors can customize. Using interactive forms, the video hosts then guide participants through a short process, including individual retirement needs and risk profile surveys and selection of investment types and contribution amounts, and generates a personalized investor profile, according to the announcement.

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