ADP Earns Prestigious Eddy Award from Pensions & Investments Magazine for Second Year in a Row by Delivering Leading Employee Education Programs
By Kristin Andreski, senior vice president and general manager of Retirement Services for ADP
ADP® recently was honored with prestigious industry recognition from a leading institutional investment publication Pensions & Investments®, which chose ADP Retirement Services for the 2018 Eddy Award for Ongoing Investment Education for corporate plans with fewer than 1,000 participants. This is the second year ADP has been chosen to receive an Eddy Award. Winners were announced at Pensions & Investments’ annual East Coast Defined Contribution Conference in Miami, Florida.
The Eddy Awards® is an annual recognition from Pensions & Investments that acknowledges best practices by companies who offer defined contribution plans that provide investment education to participants. It recognizes accomplishments in seven categories: Automatic re-enrollment, conversions, ongoing investment education, plan transitions, retirement health care savings, retirement preparation and special projects.
ADP, through its Retirement Services business, is helping its clients address the retirement challenge by offering clients tools and information that may help their employees better manage their finances and grow more confident in their financial futures.
“Kingspan likes to put their people at the forefront of the business — to take care of them and their needs — so that they can help Kingspan take care of its customers,” explains Andrea Lackemacher, Human Resources director at Kingspan Insulated Panels, North America. “The retirement service offerings and education programs provided by ADP Retirement Services is instrumental in helping us achieve these goals.”
Feedback like that makes us proud and validates why we were recognized by Pensions & Investments.
Today’s employees are concerned about retirement security and overall financial health, which is making educating employees about financial wellness a top priority for human resources leaders. Employers can potentially help ease these apprehensions by enabling financial education programs. Those programs, in turn, may be considered a valuable perk among a growing list of benefits that are helping companies attract and retain top talent. This is why we’re especially pleased that Pensions & Investments has chosen to acknowledge our continuing efforts to educate and inform our clients and their employees.
Providing retirement plan solutions continues to be a core competency of ADP as the firm has grown to be a global leader in human capital management. This underscores ADP’s commitment to financial wellness and gives employees sound financial resources so they can be confident in their retirement planning and savings decisions.
ADP’s education program is designed to make it easy for participants to get answers about their retirement plans, to provide tools that educate about financial wellness, and to keep workers engaged. Elements of the program include email campaigns; a convenient mobile platform to ease employee access to participants’ accounts, and educational videos and client testimonials.
More information about ADP Retirement Services can be found at the ADP website.
Unless otherwise disclosed or agreed to in writing with a client, ADP, LLC and its affiliates (ADP) do not endorse or recommend specific investment companies or products, financial advisors or service providers; engage or compensate any financial advisor or firm for the provision of advice; offer financial, investment, tax or legal advice or management services; or serve in a fiduciary capacity with respect to retirement plans. Investment options are available for all “ADP Direct Products” through either ADP Broker-Dealer, Inc. (Member FINRA), an affiliate of ADP, LLC, (ADP BD) or (in the case of certain investments) ADP, LLC. Only licensed representatives of ADP BD or, in the case of certain products, of an external broker-dealer that has executed a marketing agreement with ADP, LLC, may offer and sell ADP retirement products and services or speak to retirement plan features and/or investment options available in any ADP retirement product. Nothing in these materials is intended to be, nor should be construed as, a recommendation for a particular situation or plan. Registered representatives of ADP BD do not offer investment, tax or legal advice to individuals. Please consult with your own advisors for such advice.
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