Survey Report: “Assessing the Merits and Challenges of Financial Wellness"

In Assessing the Merits and Challenges of Financial Wellness, SBS evaluates whether financial wellness programs are a wise choice and welcome addition to the traditional employee benefits package.

Financial wellness is an increasingly popular topic, but there is no consensus about the value of financial wellness programs in the workplace. While clear advantages and perceived value have been identified, several obstacles remain.

SBS surveyed employers and three key themes emerged from the research:

1. There is a general lack of understanding about what financial wellness programs deliver to both employers and employees. 
2. Financial wellness programs may not be the right fit for some organizations. 
3. There’s no easy way to calculate a return on investment from financial wellness programs. 

To read more about the three key themes that emerged from the financial wellness research, download Assessing the Merits and Challenges of Financial Wellness. To begin talking to a retirement plan advisor, please get in touch by email or by calling (855) 882-9177.

James Kelley, President, Strategic Benefit Services, Joins the Retirement Advisor Council

Strategic Benefit Services (SBS) is pleased to announce the appointment of James J. Kelley, President, to the Retirement Advisor Council, effective January 1, 2018.

The Retirement Advisor Council is a national organization that advocates for successful qualified plan and participant retirement outcomes through the collaborative efforts of experienced, qualified retirement plan advisors, investment managers, and defined contribution plan service providers. To advance its mission, the Council undertakes initiatives in the areas of research, public relations and promotion, public education, regulatory positions, and practice management. The Council accomplishes this mission by:

• identifying duties, responsibilities, and attributes of the professional retirement plan advisor;
• sharing professional standards with plan sponsors who are responsible for the success of their plans; 
• providing collective thought capital to decision makers, product providers, legislators, and the public;
• giving voice to the retirement plan advisor community; and
• offering tools to evaluate advisors to ensure the quality of services provided.

Strategic Benefit Services Adds New Leadership to Retirement and Employee Benefits Portfolios

Strategic Benefit Services (SBS), an industry leader that has provided for more than 45 years trusted advisory services, retirement plan offerings, and best-in-class employee benefits products, recently hired new executives to expand its employee benefits portfolios.

“SBS is building our team with uniquely talented individuals who bring years of industry experience,” said James J. Kelley, SBS President. “SBS builds real relationships with our clients by investing in a team of professionals who use their expertise to bring successful outcomes.”

Avon M. Scherff joined SBS as the new Director of Employee Benefit Services. Laura A. Sausville joined SBS as a Sales Account Executive responsible for new business development of group employee benefits.