Not long ago, nobody wanted to give advice to retirement plan participants because of the added fiduciary responsibility. Today, most plans do and it is, in fact, considered a best practice as long as it is delivered by a fiduciary.

 

Progressive employers are even going a step farther and offering their employees holistic financial planning and advice. 73% of employees age 25 to 54 find it somewhat or very attractive if their employer offered holistic financial advice as an employee benefit; and 66% of workers age 55 to 65 find it somewhat or very attractive. What’s right for your workforce? We have a lot of options.