MassMutual

MassMutual Consumer Spending & Saving Index: American Families are Financially Stretched yet Optimistic

Retrieved on: 
Mardi, avril 9, 2024
Professional Services, Insurance, Finance, Mother, Silent Generation, Research, MassMutual, Uncertainty, SUN, Environment, Consumer spending, Generation X, Anxiety, Father, Generator, LESS, PSB Insights, Generation Z, OPTIMISM, Parent, Gen

Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .

Key Points: 
  • Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .
  • Far fewer Americans believe we are headed for a recession than a year ago (37% Q1 2024 vs. 52% Q1 2023).
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.
  • Research was also conducted with an additional sample of 500 adult Massachusetts residents from February 8 to 26, 2024.

Genomics plc and MassMutual's program enables more policyowners to understand health risks through innovative genetic testing

Retrieved on: 
Mardi, avril 9, 2024
Health, MassMutual, Cardiovascular disease, Face, Prostate cancer, Learning, Disease, Partnership, Atrial fibrillation, Diabetes, Genetics, Risk, Patient, Ageing, DNA, Breast, Insurance, Risk assessment, Privacy, Nursing

OXFORD, England and SPRINGFIELD, Mass., April 9, 2024 /PRNewswire/ -- Genomics plc (Genomics), a healthcare company transforming health through the power of genomics, and MassMutual, a leading mutual life insurance company in the United States, today announced the next phase of their innovative partnership enabling more eligible MassMutual policyowners to gain knowledge about their health in order to make informed, proactive decisions that may help them lead longer, healthier lives. The program offers a genetic risk assessment service to these individuals, providing insight into their personalized risk for eight major diseases. The expansion follows a successful research collaboration in which more than 70% of policyowners who elected to use the risk assessment service reported intent to take preventative actions based on their risk scores, including plans to see their doctor or seek further screening.

Key Points: 
  • The program offers a genetic risk assessment service to these individuals, providing insight into their personalized risk for eight major diseases.
  • Genomics' at-home test studies millions of small variations in DNA, generating polygenic risk scores, that can inform the likelihood of certain conditions.
  • During the initial Genomics and MassMutual research collaboration, 1 in 5 policyowners learned that they are at a higher risk for preventable diseases.
  • MassMutual only receives high-level, anonymized data from Genomics that allows the company to better understand aggregate policyowners' health and behaviors and interest in these types of offerings.

Strengthening 401(k) Industry Ties: Pontera Welcomes Three Seasoned Retirement Plan Leaders

Retrieved on: 
Lundi, avril 8, 2024
Principal, MassMutual, Putnam Investments, Voya Financial, Head, NAPA, Edelman Financial Engines, Fidelity Investments, Retirement, National Association, Investment, Principal Financial Group, Financial adviser

NEW YORK and NASHVILLE, Tenn., April 8, 2024 /PRNewswire/ -- Pontera, the fintech company helping retirement savers receive professional 401(k) account management from their trusted financial advisor, has announced the hiring of three leaders with nearly 70 years combined experience in the defined contribution (DC) plan industry.

Key Points: 
  • Pontera has hired three new leaders with nearly 70 years combined experience in the defined contribution plan industry.
  • Pontera, which recently joined the National Association of Plan Advisors, announced the hires during NAPA's annual 401(k) Summit in Nashville, Tenn., April 7-9, 2024, which Bonnabeau and Amoruso attended alongside other Pontera executives.
  • A recent survey of DC plan participants found 62% wish they could turn management of their retirement accounts over to a professional, while 52% say they are overwhelmed by plan information.
  • Founded in 2012, Pontera invests in the success of retirement savers by enabling secure management of 401(k)s, 403(b)s and other workplace retirement accounts by their financial advisor.

Pacific Advisors Appoints Chris Zajdzinski as Managing Director in Arizona

Retrieved on: 
Vendredi, avril 5, 2024
Consulting, Personal Finance, Professional Services, Finance, MassMutual, Registered investment adviser, Culture, Growth, Arizona State University, Knowledge, Insurance, DBA, Retirement, PAS, Family, FINRA, SIPC, Financial adviser

Pacific Advisors proudly announces the appointment of Chris Zajdzinski as the Managing Director of their Arizona office.

Key Points: 
  • Pacific Advisors proudly announces the appointment of Chris Zajdzinski as the Managing Director of their Arizona office.
  • "Pacific Advisors as a firm has a culture and a team approach that offers clients the highest level of advice and direction," said Chris Zajdzinski.
  • In his capacity as Managing Director, Chris will play a pivotal role in leading and guiding a team of financial professionals at Pacific Advisors.
  • Chris' appointment as Managing Director reinforces Pacific Advisors' dedication to providing exceptional financial services and underscores their continued growth and success in the region.

Diana Wong Joins Pacific Advisors as Managing Director in the Bay Area

Retrieved on: 
Vendredi, mars 29, 2024
Professional Services, Insurance, Finance, Asset Management, Consulting, Personal Finance, MassMutual, MDRT, Registered investment adviser, Culture, Growth, Education, Knowledge, Long-term care, DBA, Council, 1,000,000, Retirement, PAS, San Francisco Bay Area, Family, FINRA, SIPC

Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.

Key Points: 
  • Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.
  • As Managing Director at Pacific Advisors, Diana is poised to lead her team to new heights, leveraging her experience and passion for helping others achieve financial security and confidence.
  • Pacific Advisors is thrilled to welcome Diana Wong to our team.
  • Insurance products offered through One Pacific Financial & Insurance Solutions LLC, DBA of Pacific Advisors LLC.

MassMutual Ascend Adds the First Trust Barclays Edge Index to Its Suite of Fixed-Indexed Annuities

Retrieved on: 
Vendredi, mars 22, 2024
Professional Services, Insurance, Finance, Senior, MassMutual, Pleasure, Capital, Barclays, First, Life insurance

MassMutual Ascend announced the addition of the First Trust Barclays Edge Index to its fixed-indexed annuities.

Key Points: 
  • MassMutual Ascend announced the addition of the First Trust Barclays Edge Index to its fixed-indexed annuities.
  • The First Trust Barclays Edge Index is a multi-asset index seeking to provide equity and fixed income exposure through a combination of indices, including Capital Strength™ Index and Value Line Dividend™ Index, while aiming to control risk by maintaining a volatility target at or below 7%.
  • The First Trust Barclays Edge Index now joins the diverse array of available strategies in the fixed-indexed and registered index-linked annuities offerings at MassMutual Ascend.
  • “We are very excited about working with First Trust® and Barclays,” said Joe Maringer, Senior Vice President and National Sales Manager.

MassMutual Research: Most Retirees are Happier in Retirement vs. Working Thanks to Financial Preparation, but More than One Third Report Feeling Lonely

Retrieved on: 
Mercredi, mars 13, 2024
Seniors, Nursing, Human Resources, Managed Care, Health, Professional Services, Consumer, Other Health, Friends, MassMutual, Public, Travel, Research, PSB Insights, Investment, Happiness, Workforce, Retirement, Family, Pension fund

Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.

Key Points: 
  • Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.
  • While many retirees experience increased happiness in retirement, a noteworthy number admit to feeling lonely.
  • Of the 33% of retirees who are not happier in retirement, nearly half agree that retirement occasionally makes them feel lonely.
  • A third of retirees who are not happier in retirement report less opportunity for dating and romance in retirement than they expected.

Simplicity Group Enhances Life Insurance Underwriting Service as Gene Zimmerlink Joins Byron Rasmussen

Retrieved on: 
Jeudi, avril 4, 2024
Risk, Knowledge, Gene, MetLife, University, Insurance, Gen Re, MassMutual, Simplicity, Series 6, Allianz Life

SUMMIT, N.J., April 4, 2024 /PRNewswire/ -- Simplicity Group Holdings, Inc. ("Simplicity") today announced that Byron Rasmussen will be joined by Gene Zimmerlink, as Simplicity continues to bolster its life insurance underwriting services.

Key Points: 
  • SUMMIT, N.J., April 4, 2024 /PRNewswire/ -- Simplicity Group Holdings, Inc. ("Simplicity") today announced that Byron Rasmussen will be joined by Gene Zimmerlink, as Simplicity continues to bolster its life insurance underwriting services.
  • We are thrilled to bring together two acknowledged leaders – Byron and Gene – to build out a best-in-class department," said Bruce Donaldson, President and CEO, Simplicity Group.
  • Prior to his role leading Simplicity's Underwriting Desk, Mr. Rasmussen was Vice President of Underwriting for Allegis Advisor Group, which joined Simplicity in 2022.
  • Prior to joining Simplicity, Mr. Zimmerlink was Head of New Business and Underwriting for Allianz Life.

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai - The Data to AI Platform

Retrieved on: 
Jeudi, mars 28, 2024
Cloud, MassMutual, ROI, Informatica, Organization, Data engineering, Face, Digital, Insurance, Liberty Mutual, Pulse, CNA Financial, Data management

SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ -- Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Key Points: 
  • SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ -- Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
  • Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience.
  • He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more.
  • "We are thrilled to welcome Israel Abraham to the Trianz family," said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline.

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai - The Data to AI Platform

Retrieved on: 
Jeudi, mars 28, 2024
Cloud, MassMutual, ROI, Informatica, Organization, Data engineering, Face, Digital, Insurance, Liberty Mutual, Pulse, CNA Financial, Data management

SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ -- Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Key Points: 
  • SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ -- Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
  • Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience.
  • He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more.
  • "We are thrilled to welcome Israel Abraham to the Trianz family," said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline.