Monday, July 16, 2012

Employee FCP's

Is your company helping employees by answering questions about the management of their portfolios and retirement accounts? To do this, many employers are now offering financial counselling. Should your company offer this as well?

Employer based financial counselling sets out to do many things, including:

  • Portfolio Management
  • Money Management
  • Retirement Planning

Employers once did not offer such services due to fear of legal action being taken against them. Since 2006, due to Pension Law reform, this is no longer an issue for employers. Not only is financial counselling beneficial to your employee's, you, the employer, benefit as well. Some of the benefits of an employee financial counselling program that you'll enjoy are:

  • Increased Employee Loyalty
  • Increased Employee Productivity
  • Increased Employee Retention

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