Healthcare

Commentary: Smart brokers provide awesome service, killer expertise and modern technology solutions that can compete with any online platform.

The U.S. Supreme Court issued a decision Monday that could have far-reaching implications for how long a retirement plan participant has to sue an employer for breach of fiduciary duty in a 401(k) plan.

For many benefits professionals, the different private exchange offerings and the varied value propositions they present can be overwhelming. So let’s take a step back and examine the issues one at a time.

The U.S. Supreme Court said 401(k) plans have a duty to monitor the investment options they offer, in a ruling that may help investors press lawsuits over underperforming funds and excessive fees.

Commentary: Such tools stimulate enhanced benefits administration for corporate clients, particularly within these four aspects of coverage.

Commentary: Countless conversations with brokers struggling with 6055 and 6056 concerns show many find their applicable large employer clients are challenged to find practical solution for this reporting, says EmployeeTech’s Michael Weiskirch.

A bipartisan bill recently introduced in the House and Senate would require employer-sponsored retirement plans to provide participants with an estimate of how much lifetime income they could expect from their current savings.

Commentary: A few months ago, two major announcements were made in the retirement plan space that profoundly affected retirement plan sponsors and participants.

The Affordable Care Act’s Small Business Health Options Program will not succeed without the broker community, the heads of three state-run exchanges said at a HIX policy conference.

The Department of Labor is giving the financial services industry and consumer advocates more time to comment on its controversial fiduciary conflict-of-interest rule proposal.