MassMutual has announced that it has acquired substantially all the assets of Viability Advisory Group.
Viability has developed an analysis program, on which a patent is pending, that is aimed at helping companies evaluate the financial costs associated with employees being unprepared for retirement and the loss of productivity attributed to employees' lack of financial security.
As part of the evaluation, the program calculates the hard-dollar cost of inappropriate or underutilization of retirement savings and other employee benefits programs.
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