Benefitfocus BenefitsPlace™ Product Catalog Adds Financial Wellness Support Via SAVVI Financial
SAVVI's Value to
SAVVI offers individualized financial planning designed to empower employees to achieve their goals. SAVVI delivers an actionable plan that promotes employee confidence in their financial future, creating more engaged and productive workers. SAVVI provides financial advice in an actionable form—suggesting not only what the user should do, but how. It's personalized, not only to your employees but to their circumstances. SAVVI encourages employees to establish short and long-term goals and keeps them on track. It helps manage everyday finances and builds the confidence to make smarter financial decisions.
"It's a proven fact that many employees spend a great deal of their working hours thinking about their finances. They also face the challenge of making sound decisions on benefits and finances in an increasingly complex market," said
Dealing with Workers' Financial Anxiety
Even in today's strong economy, many workers are anxious about their finances, in particular, saving for retirement. According to the "Report on the Economic Well-Being of U.S. Households in 2018," issued by the Federal Reserve in
In addition, in surveys conducted by the
SAVVI's empowering technology
"Much like us, BenefitsPlace applies a holistic approach to helping employees enhance their health, wealth, property and lifestyle," said Gina Mourtzinou, CEO of SAVVI. "SAVVI's ability to provide access to reliable advice across all financial choices throughout key life stages leads to employee financial empowerment and peace of mind."
Find out more about how SAVVI uses technology to empower consumers to take control of their financial future.
Benefitfocus BenefitsPlace® provides employers, brokers and medical insurance carriers the ability to offer market-leading specialty benefits products from more than 40 leading brands. This product catalog provides a simplified enrollment experience that brings all categories of voluntary benefits together in one place.
To find out more about the full range of health, wealth, property and lifestyle benefits offered by
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Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results or performance might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; our strategic relationships with third parties; our ability to compete effectively; management of growth; the immature and volatile nature of the market for our products and services; our ability to maintain our culture and recruit and retain qualified personnel; risks related to changing healthcare and other applicable regulations; privacy; security and other risks associated with our business; and the other risk factors set forth from time to time in our
Started by a team of MIT PhDs with 20+ years of experience in finance, analytics, and robust optimization with a core mission to democratize financial planning and advice,
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