Press Archive 2004

2004

• Financial Helpline: A Growing Employee Benefit
  We live in a world where employees financial issues can have a huge impact on their company, and vice versa. Where there was once a separation between employees and employers, now the fates of their finances are inextricably linked.

  InFRE, International Foundation for Retirement Education, December 2004

• Change Management Easier with Financial Education

  Although not much different from recent
  years, the situation was less than ideal. Employees were lured away with
  promises of more pay or better benefits. The recruitment machine chugged
  along at full capacity. There was constant training for new hires.

  Best Practices in Compensation & Benefits, a publication of Business & Legal Reports (BLR), Inc. Website: www.blr.com, December 2004

• Farmers Insurance Group Federal Credit Union: Case
  Study

  Farmers Insurance Group Federal Credit Union (FIGFCU) Increases New Member Growth by 25% with the Help of an Innovative Member Education Program from Financial Finesse

  FIGFCU Case Study, November 16, 2004

• Coaching versus classes: how to package financial education

  Almost everyone agrees that employees need to learn more about how to save for retirement, but there is little consensus about how to package financial education to make it compelling for them.

  Employee Benefit News, November 2004

• Financial Finesse’s Model Education Program WinsPrestigious Award from The Profit Sharing/401k Council of America

  Financial Finesse, one of the nation’s leading providers of unbiased financial education programs to corporations, announced today that the Financial Finesse Model Education Program was awarded first place in The Profit Sharing/401(k) Council of America’s Signature Awards for Complete Campaign under 5,000 Employees. This award recognizes excellence in the areas of plan communication and financial education.

  Press Release, November 9, 2004

• Money Matters: Financial Education Makes Headway as an Employee Benefit

  5 years ago, financial education wasn’t even on the radar for HR executives. In fact, it wasn’t even a term. Today, some of the nation’s largest and most prestigious corporations are implementing companywide financial education programs as a new employee benefit.

  Workspan, November 2004

• Retirement Plan Advisor Roundtable on Financial Education

  Financial education is rapidly becoming an
  emerging employee benefit–one that is either in place or being
  considered by the nation’s most prestigious and innovative companies.

  Reprinted with permission from the October 2004 issue of Employee Benefit Plan Review

• Education Firm Finds Participant Retirement Planning Focus

  Participants calling in to the helpline of a San Francisco-based financial education company during the second quarter of 2004 were more focused on investment planning rather than on withdrawing retirement savings funds.

  PlanSponsor.com, September 2004

• Financial Seminars Spur Greater Employee Savings

  Hospital’s focus on worker education helps cut
  turnover rate almost in half over two years.

  Work Life Today, September 2004

• Selecting
  the Right Financial Education Provider

  Faced with an aging work force anxious about
  retirement and concerned about 401(k) participation and discrimination,
  more employers are turning to financial education providers for help.

  Employee Benefit News, August 2004

• Financial Finesse: DC Plans Offer Industries Under
  Financial Pressure Relief

  Financial Finesse has noticed a trend toward the elimination of defined benefit plans in industries under financial pressure.

  Defined Contribution News, August 2004

• Case Study: Hospital Doubles Retirement Plan Participation

  There’s been a trend towards live, personalized financial education and away from online content and advice for the last couple of years, still many have questioned whether financial education really works. Now the numbers are starting to show
  that this approach can be remarkably successful if implemented
  correctly. The Children’s Hospital of Pittsburgh partnered with
  Financial Finesse and doubled their plan participation
  in less than a year with a comprehensive, heavily marketed personalized financial education program available to all benefits eligible employees.

  Children’s Hospital of Pittsburgh Case Study, July 2004

• Financial Finesse: Fewer 401(k) Loan Calls Mean Better Economy

  Fewer 401(k) loan calls into Financial Finesse financial education firm is due to an improving economy.

  Defined Contribution News, June 2004

• New Year Ushers In Financially Optimistic Help Desk Calls

  Employees entered the new year with renewed optimism about their financial futures, asking more questions about money management and investing, with fewer crisis calls.

  PlanSponsor.com, June 2004

• The 401(k) Buy-In

  Competing with corporations and government agencies for good staff is not easy. Offering a good benefits package is one tried and true strategy associations use to lure and retain employees and help offset lower pay.

  Association Management Magazine: Insurance & Financial Services Directory, March 2004

• Help Desk Call Volume Points To Mounting Retirement Concern

  Measured by increasing call volume to Financial Finesse’s help desks, retirement planning and saving are two issues the aging Baby Boomer population is beginning to sit up and take notice of.

  PlanSponsor.com, February 2004

• A Penny Saved

  Helping employees to help themselves when it comes to finances could earn employers a competitive advantage.

  Workspan, January 2004