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Principal partners with Edelman Financial Engines to offer participant advice

Employees of select large client plans can use an array of tools and speak with an adviser.

Through an agreement with Edelman Financial Engines, Principal Financial Group is offering personalized retirement advice and financial well-being guidance to select large employers on its record-keeping platform.

The relationship, which launched last month, will give participants in eligible plans access to an array of tools as well as personalized advice from an Edelman Financial Engines planner/adviser.

“Employers are continuing to search for solutions that help improve financial well-being for their workers and guide them in retirement planning,” Jerry Patterson, senior vice president for retirement income solutions at Principal, said in a statement.

[More: Demand for financial wellness is overwhelming]

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