The Latest in 401k Advisor Tech

Data-driven program provides more robust reporting for advisors, plan sponsors

401k, retirement, advisor,Keep the advisor innovation coming.

Technology advancements continue in an industry that sorely needs them.

CUNA Mutual Retirement Solutions is the latest with an upgrade, and has launched PlanOnTarget to provide advisors, plan sponsors and third-party administrators “with enhanced technology capabilities, including an upgraded website and leading-edge recordkeeping and data management capabilities.”

The company claims PlanOnTarget delivers several new efficiencies for advisors, such as an online summary of an advisor’s book of business, easy navigation between plans and enhanced analytics.

New self-service dashboards enable “easier plan management, including benchmarking, plan design, retirement readiness, and financial and investment performance.”

Plan sponsors will also see a more intuitive website, making it easier to manage their plan.

“Adding employees and approving withdrawals can be accomplished with a few clicks. The data-driven program provides more robust reporting for advisors and plan sponsors,” it adds.

PlanOnTarget is part of an ongoing investment in CUNA Mutual Retirement Solutions’ technology and digital capabilities and comes on the heels of the new BenefitsForYou mobile app released in January.

On Aug. 3, it announced the company had contracted with FIS to provide recordkeeping, data processing and operational processes for CUNA Mutual Retirement Solutions’ retirement plans, including PlanOnTarget.

The new technology is now available and included with new plans at no additional cost.

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