Hewitt Associates Honored with Two Awards for Its Defined Contribution Online Portals
Personal Finance Center and Your Benefits Resources(TM) Recognized as Outstanding Online Services
Provided by Marketwatch and Hewitt Associates
Hewitt Associates, a global human resources consulting and outsourcing services company, today announced that it received notable honors for two of its defined contribution online portals. Pensions & Investments honored Hewitt’s Personal Finance Center (PFC) with an Eddy Award for Best Practices in Investment Education for DC Plans – Online Media category. In addition, Hewitt’s Your Benefits Resources(TM) (YBR) was the highest-ranked plan participant Web site among independent defined contribution providers, according to kasina Consulting’s list of top sites for defined contribution plan participants.
“Given the stock market volatility during the past two years, it’s never been more important for employees to have access to tools and resources that enable them to effectively manage their retirement accounts and make smart financial decisions,” says Alison Borland, Hewitt’s retirement outsourcing strategy leader. “We’ve designed both our PFC and YBR(TM) sites to help 401(k) participants make better, more well-informed saving and investing decisions so they can reach their financial goals in retirement. Our independence allows us to focus on the participant’s best interests, rather than on encouraging potentially underperforming proprietary offerings or expensive retail products. We’re thrilled to be recognized with these two honors.”
Pensions & Investments’ annual Eddy Awards recognize service providers that offer exceptional investment education to their clients’ defined contribution plan participants. Specifically, the Eddy Award for Best Practices in Investment Education for DC Plans – Online Media category recognizes the use of non-print communication vehicles including videos, intranet, Internet, and e-mail to educate defined contribution plan participants. Hewitt’s PFC won second-place honors for the breadth of information it provides online, and for its manageable, easy-to-understand format.
Hewitt was the only independent DC provider named on kasina Consulting’s Top 5 Web Sites for DC Plan Participants list. kasina noted that Hewitt clearly understands the needs of plan participants and recognized Hewitt’s YBR(TM) portal for the wealth of its content, artful presentation, high level of interactive functionality, and simple navigation, which emulates a typical user’s path. kasina’s Top 5 Web Sites for DC Plan Participants list and accompanying report is recognized as the industry’s most comprehensive and authoritative primary research on DC plan Web sites. The five best Web sites for plan participants were ranked based on a three-tier methodology that measured availability of content, quality of content and user experience.
About Pensions & Investments
Written for pension, portfolio and investment management executives, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. P&I publishes a biweekly newspaper, Pensions & Investments, a website with daily news, data and rankings, and produces conferences for institutional investors. Visit our website at http://www.pionline.com . Detroit-based Crain Communications Inc publishes more than 20 highly respected business-to-business newspapers and magazines including InvestmentNews, Workforce Management, Business Insurance, Automotive News, Crain’s New York Business, Advertising Age and Crain’s Chicago Business. The company’s website is http://www.crain.com .
About kasina Consulting
kasina is a trusted consultant to distribution leaders of the asset management and insurance industries. Our innovative approach to distribution has impacted over 100 firms that comprise over $8 trillion in assets under management.