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BOSTON, MA, April 15, 2021 /PRNewswire/ – John Hancock Retirement announced today it is expanding its Personalized Retirement Advice (Retirement Advice) program to include all defined contribution plans. Retirement Advice is fully integrated into John Hancock’s online experience for all eligible participants, connecting a participant’s accounts with the program to deliver personalized advice.
“In the most recent John Hancock Financial Stress survey, 87% of workers say that having their retirement savings professionally managed would have a significant impact on how prepared they feel for retirement,” said Lynda Abend, chief data officer, John Hancock Retirement. “As 2020 was one of the most challenging years most people will experience, the expanded and enhanced Retirement Advice program is not only timely but a great solution for participants who want help in making the most of their retirement savings and the peace of mind that comes with partnering with a professional.”
Understanding more investors are interested in receiving advice for their retirement plan, John Hancock will now be extending this benefit to all 401k participants and making it available to over 45,000 plans.
In addition to making Retirement Advice available to all their 401k plans, John Hancock is also launching a new online experience to deliver personalized recommendations to all eligible participants. Integrated into the plan website, it delivers…
