Retirement

Employees are more productive and happier when employers show an interest in their financial wellness, a new report shows.

A look inside the University of Pittsburgh’s recent multi-year initiative to transform retirement communication and boost financial literacy.

The financial services company is part of a larger trend of employers offering the financial benefit.

This year’s winners also include leaders from Shop Smart, SSI Group and Benefitfocus.

Finfit’s new counseling benefit connects employees to advisers who can help them with a variety of monetary needs.

Forget student debt. Employers need to be thinking about 401(k) loans.

Benefits can be tailored to address student loan debt, and help put employees on track for retirement.

The move is expected to prevent fund leakage through opt-out rollovers when workers leave a job, industry experts say.

Clients need to be ready to offer benefits and workplace perks that match employees most important needs.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.