Debt management

/Tag: Debt management

Addressing Employees’ Financial Wellness Top Priority in 2019

In the past five years, defined contribution (DC) plan sponsors likely to add or expand financial wellbeing programs has expanded from 30% to 65%, according to Alight’s “2019 Top Topics in Retirement and Financial Wellbeing: Building on the Past, Working Toward the Future.” Sponsors’ No. 1 goal for their participants has moved from increasing savings

Examining the Root Causes of Financial Stress

In addition to evaluating participant financial stress levels, a new OneAmerica survey also looks at the specific factors causing participants to experience financial stress. Two in three retirement plan participants indicate they have moderate to very high levels of financial stress, according to recent client polling conducted by OneAmerica. The firm finds one in five

More Buzz Than Action With Financial Wellness?

When I talk to employers about financial wellness, heads nod in unison and there is agreement on the fundamental concepts. Employees with less financial stress are healthier, more productive, stay longer and cost the company less money. So where does the conversation break down between we all agree this is a great idea and getting a

Benefits Programs Integrating Health and Financial Wellness

Financial wellness is a hot topic in the employee benefits world, but it’s often hard to define and even harder to implement. Tom Woods, SVP of sales at Fidelity Investments, tells PLANADVISER that it is one component of a holistic benefits program that ultimately aims to improve the well-being of employees. He says providers are