Financial Wellness: A Strategic Business Need

When I left the hedge fund world in 1999 to start Financial Finesse, I’m positive that there was a strong contingent of onlookers who thought I had seriously lost my mind. Why would I leave a successful investment banking career to put it all on the line by providing employees with financial...

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{INFOGRAPHIC} Defining Financial Wellness

As more employers learn the benefits of Financial Wellness, there’s still some confusion as to what kinds of programs actually qualify under the term. Aon Hewitt reports that 92% of employers don’t have a clear definition of Financial Wellness, and as a result run the risk of offering employee...

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6 Signs of Financial Stress in Your Workforce and How Financial Wellness Can Help

Financial stress affects both companies and their employees. Here are 6 key ways to recognize financial stress and reduce its potential impact on your organization: 1.) Problems with morale, productivity and performance Employees who are financially-well are empowered to make good financial...

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[NEW COURSE!] Creating An Effective Financial Wellness Program

We’re excited to announce the nation's FIRST online continuing education course for Human Resources and Financial Professionals on Creating An Effective Financial Wellness Program! Providing employees with life-changing financial guidance is an increasingly-high priority for nearly 90% of...

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Quick Guide to Understanding 401(k) Share Class

Did you know that mutual fund families offer multiple share classes for their funds used in retirement plans and each of those share classes come with a different cost? While the underlying holdings of a fund may be identical, the returns vary based on the share class of that fund....

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Types of ERISA Fiduciaries – Who Does What?

All plan sponsors need to understand the types of fiduciaries under ERISA. This blog post will discuss the different types and considerations. Section 405(c)(1)(B) of ERISA allows the delegation to other persons of certain fiduciary responsibilities by the named fiduciary. This means plan...

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[Download] Retirement Plan Committee Review Checklist

Have you established a retirement plan committee? Do you struggle with what your committee should review during meetings? Contained within this post are best practices for establishing your committee and a checklist of review items you should be talking about at committee meetings. Best...

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Ultimate Retirement Plan Sponsor Survey [2017 Edition]

The 401(k)/Retirement Plan Industry is nothing like it it used to be. A combination of rapid technology change, demographic shifts, and noise from news headlines makes it difficult to know what's going on. The largest of financial institutions, academics, and government policy makers struggle...

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Is Not Having Education a Violation Of ERISA?

I hear a lot of chatter about the DOL asking plan sponsors whether they have taken fiduciary education as part of their duties as a fiduciary. In the same breath, I have heard many industry professionals say that there is no specific ERISA code or DOL guidance that requires education. The not...

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Get Ready for Our New Plan Sponsor Mini-Courses

We are excited to announce the launch of two new Plan Sponsor Mini-Courses: Preparing for a Department of Labor Interview and Guide to Researching Financial Professionals with BrokerCheck®. We created Mini-Courses to be FREE quick bite-sized content and tools! They are straightforward and...

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