|
| [May 16, 2018] |
 |
MetLife Launches PlanSmart® Financial Wellness
MetLife (NYSE:MET) announced today the availability of PlanSmart® Financial
Wellness, its new financial wellness solution. This launch follows
MetLife's announcement in March 2018 that it had formed a strategic
alliance with Ernst & Young LLP (EY). The offering features a
multi-channel experience that focuses on behavioral change, with tools
and guidance that empower employees to build financial literacy,
confidence and wellbeing.
"Employees are struggling when it comes to their finances-MetLife's 16th
Annual U.S. Employee Benefit Trends Study (EBTS), released last month,
found about half of employees, 46%, feel overwhelmed by financial
decisions," says Meredith Ryan-Reid, senior vice president, Group
Benefits, MetLife. "These concerns can impact other areas of employees'
lives, including their productivity at work. By investing in financial
wellness, employers can help their workforce become more engaged and
productive."
Building on MetLife's PlanSmart workplace financial education program,
which has offered workshops and one-on-one consultations for more than
20 years, PlanSmart Financial Wellness offers employees an integrated,
multi-channel experience, giving them the opportunity to engage in the
way that makes most sense to them, including:
-
Intuitive digital experience: Powered by EY technology, the
PlanSmart Financial Wellness website helps employees create a
financial wellness plan, based on their financial needs and goals.
Employees can select the goal they want to achieve-paying down dbt,
planning for retirement-and are provided a personalized plan broken
down into bite-sized activities and unlimited access to online
resources and tools.
-
Phone (News - Alert) support: Extensively trained and experienced EY financial
planners offer phone-based financial planning. All guidance is
confidential and objective.
-
In-person guidance: Employees can take advantage of workplace
seminars and one-on-one consultations with local MassMutual financial
advisors.
The solution's "smart" platform saves the employee's activity so they
can pick up where they left off the next time they login. Employees are
also encouraged to remain engaged and take action through proactive
features, such as checkups and reminders. These action steps evolve as
the employee's life and work change, providing a personalized path to
financial wellness. And, the experience is connected across
channels-action steps started in one channel can be completed in another.
"We believe employee benefits are the foundation for a successful
financial future. By integrating the employers' benefit options at the
center of PlanSmart Financial Wellness, this solution connects guidance
back to resources available at the employees' workplace," notes
Ryan-Reid. "MetLife has been in the business of improving employees'
financial health for over 100 years, and our expertise in understanding
employee needs uniquely positions us to guide employers and employees as
they begin to focus on to financial wellness."
More information about PlanSmart Financial Wellness is available at www.metlife.com/PlanSmartFW.
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates
("MetLife"), is one of the world's leading financial services companies,
providing insurance, annuities, employee benefits and asset management
to help its individual and institutional customers navigate their
changing world. Founded in 1868, MetLife has operations in more than 40
countries and holds leading market positions in the United States,
Japan, Latin America, Asia, Europe and the Middle East. For more
information, visit www.metlife.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180516005258/en/
[ Back To Insurance Technology's Homepage ]
|
