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FOR IMMEDIATE RELEASE
Major Plan Provider Testing
Solution
April 7, 2008 – Aliso Viejo CA – vWise Inc.
today announced the launch of SmartPlan 401, a unique new interactive
video-based engagement system that prompts greater participation
in company-sponsored investment plans, such as 401(k)s, and increased
investment by each plan participant.
Most employees don’t know how—or why—to invest
in a 401(k). And they don’t read the materials designed to explain
it. Now companies can provide the critical 401(k) investment
information employees need, in a format they will actually use,
with SmartPlan Enterprise.
"As a comprehensive internet-based system,
SmartPlan Enterprise heralds an exciting new era in 401(k) and
403(b) participant engagement. It has been in development for
over a year, and we are excited to have our first
version in testing at a major plan provider," commented
vWise president Tony Mingo.
About SmartPlan
Designed to help average investors better understand their retirement
plans, SmartPlan provides the benefits of a personal financial
professional, in a website available 24/7/365. By combining
a video-based presentation of detailed financial information
with an interactive application that prompts users to make
informed investment decisions, SmartPlan can help your company:
- Increase plan enrollment
- Raise participant contribution levels
- Migrate participants out of “default” funds
- Reduce customer support costs
- Improve customer loyalty and web site “stickiness”
For more information, contact:
Gregory Newman
Chief Operating Officer
(949) 233-7588
gnewman at vwise.com
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