PLANSPONSOR Weekend Newsdash
Week ending February 9th, 2018
This edition of PLANSPONSOR Weekend is focused on financial wellness and participant education. As it is tax time, plan sponsors should remind participants about the Saver’s Credit, as a study found many do not know about it. Also, the recent market plunge is a good time for plan sponsors to remind participants about the fundamentals of investing for the long term. And, two different providers launched new financial wellness initiatives. Have a wonderful weekend!
Editor's choice
Administration
How to Help Different Generations With Retirement Savings Challenges
At various stages of one’s life, priorities and challenges change. Retirement plan sponsors and advisers need to be aware of these challenges to help Baby Boomers, Millennials and Generation X overcome them so that they can save adequately for retirement.Read more >
Data and Research
Plan Sponsors Should Remind Participants About the Saver’s Credit
Many participants do not know about the credit, the Transamerica Center for Retirement Studies found.Read more >
Investing
Market Volatility a Good Time to Remind Participants About the Fundamentals
Data from the Alight Solutions 401(k) Index already shows retirement plan participants are reacting poorly to this latest round of stock market volatility, with trading activity described by researchers as “exceptionally high” over recent days.Read more >
Products
Transamerica Connects Physical and Financial Health With Wellbeing Brand
Coupling fitness and daily exercise to retirement income, Transamerica has revealed their Wealth + Health brand, aimed at connecting participants’ physical well-being to financial security.Read more >
Products
John Hancock Creates Financial Wellness Tool
After its Financial Stress Survey found that 66% of respondents suffering moderate to extreme stress blamed it on their finances, John Hancock Retirement Plan Services created a new financial wellness tool to de-stress and engage plan participants.Read more >
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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