Planning Summary: Help your employees make a financial plan
Help your employees make a financial plan with Planning Summary.
Planning Summary is an easy-to-use planning experience that helps employees get, and stay, on track by bringing together the power of the Planning and Guidance Center and Full View® to create one personalized view. Your employees can view their financial picture in one place; manage their finances by tracking their spending and debt; create savings goals that matter the most to them–like retirement, education, and emergency savings; and build a plan to help reach them.
How does this differ from the Planning and Guidance Center?
Planning Summary is the entrance to all the planning tools that employees already had access to via the Planning and Guidance Center. It provides a more simplistic and holistic financial picture by incorporating Full View capabilities, with new tools and easier navigation. The new experience is more personalized, helps employees address immediate financial concerns, and empowers them to take more control over their financial situation.
Why did you make the change?
Employees are looking for help with more than just saving for retirement. The new experience helps indicate immediate financial needs and provides a single financial outlook. We found high abandonment rates with the previous experience and have already seen better engagement with this personalized experience.
How does this fit into your Financial Wellness offering?
While Planning Summary is not part of the core Financial Wellness product offering, elements of it are integrated into the experience. For example, with Net Worth, employees can view their full financial picture and add non-Fidelity accounts to complete that view.
How do other planning tools like Goal Boostersm integrate into this experience?
Any goals created in Goal Booster will display in Planning Summary; employees can also navigate directly to Goal Booster by creating an Emergency Fund goal.
What changes can be expected in the future?
We’re constantly enhancing the experiences we create to drive greater engagement and impact. Be on the lookout for enhancements such as the new Budgeting tool, the Simplified Digital Planning flow for PGC Retirement planning, and the enhanced PGC Savings Goal experience.
If you already have Planning Summary you can promote it to your workforce today: Planning Summary toolkit
Otherwise, please reach out to your Managing Director to learn more.
Supporting resources:
Supporting financial wellness for your unique workforce