Healthcare

Retirement plan sponsors need more clarity with QDIA regulations, says the Government Accountability Office.

Sun Life Financial’s acquisition of the employee benefits unit of Assurant is just the latest move in the insurer’s growth strategy for the U.S. market.

The DOL’s proposed fiduciary rule presents complex challenges to advisers, clients and will exacerbate the savings crisis in America, NAIFA warned Congress Thursday — two weeks before the comment period on the controversial rule closes.

Non-government money market funds in 401(k) plans are likely to be institutional prime money market funds that will be affected by reform rules announced by the SEC.

The recently announced mergers of four of the nation’s largest health insurance companies threatens to decrease competition in multiple markets, a threat the American Medical Association says will exceed federal antitrust guidelines and warrants regulatory review. Experts agree brokers will need to work with employer clients to find creative solutions to work with limited plan choices and keep premium costs down.

Sun Life Financial Inc., Canada’s third-largest life insurer, has agreed to buy the employee-benefits business of Assurant Inc. to further expand its presence in the U.S.

Commentary: Complacency can be a dangerous strategy when it comes to defined benefit plans, says The Principal’s Mike Clark.

Employees are gaining confidence in their short-term finances but the majority is still not saving enough for retirement.

Insurers are projecting significant jumps in pharmacy expenses this year, driven primarily by specialty drugs.

Despite the regulatory uncertainty about how the Affordable Care Act’s excise tax will apply to employer-sponsored care offered through onsite clinics, employers appear committed to the concept.