26% of the US population consists of baber boomers, with 10,000 retiring each day
St. Louis, MO (PRWEB) October 01, 2013
Financial wellness firm, Four Seasons Financial Education, today announced it believes the retirement plan industry will see a larger separation between plan providers and plan educators. Vendors today are typically combined, whereas a financial professional that helps an employer establish a retirement plan is also in charge of educating employees about investing and retirement.
"We are commonly asked to help companies with retirement education because their 401(k) providers only cover so much," says Four Seasons President, Travis Freeman. "We don't want to replace the 401(k) providers - we need them. We are here to cover the myriad of retirement topics they're unable to cover due to cost, time, and regulations."
Freeman also cites the baby boomer generation as a reason for companies seeking retirement education specialists. According to a 2010 Pew Research study*, 26% of the US population consists of baber boomers, with 10,000 retiring each day. This means employers have millions of employees needing retirement help. The number of education-only firms such as Four Seasons has grown in response to such demand.
About Four Seasons Financial Education
Four Seasons Financial Education provides workplace financial wellness and education services to companies throughout the US to help them improve their bottom line. We take a strictly academic approach to financial education and focus on the core areas of personal finance which may help increase employee productivity and organizational performance. Securities and advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.