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The majority of baby boomers and Gen Xers appear to be looking at their retirement years through rose-colored glasses. More than three in four feel confident they will have enough money to live comfortably in retirement, even though nearly 40% of baby boomers and about two-thirds of Gen Xers have less than $100,000 in retirement savings. Moreover, a worrisome percentage —21.7% of baby boomers and 27.8% of Gen Xers — has no retirement savings at all. The grim statistics are the highlights of a report released by the Insured Retirement Institute.

Even as market uncertainty persists, employees using Bank of America Merrill Lynch's automatic 401(k) savings plans are showing they want to stay the course when it comes to positive savings behavior, according to the firm's latest quarterly data.

The Republican National Convention adopted a 2012 party platform that advocates changing how U.S. senior citizens receive health care by shifting Medicare from a defined-benefit entitlement to a defined-contribution plan.

To more effectively communicate with the various age groups they serve, health insurance providers need to reexamine their approaches to billing and claim information, according to research from Pitney Bowes Inc.

Retirement plan participants who hand pick their own mix of investment options are generally exposed to greater risk, due to reduced diversification and a tendency to not automatically adjust their portfolios over time, according to research from The Principal Financial Group.

The surprise vote by Chief Justice John Roberts to uphold the Patient Protection and Affordable Care Act at the end of June really was a bold decision that redefined the Commerce Clause. In an era when ego, power and politics rule, Roberts made the brave decision not to use judicial power to overrule the democratic process. He actually gave us an early Independence Day gift by not letting the Supreme Court define the future of…

Transamerica Employee Benefits, Institutional Retirement Income Council, Lockton, Unum and Assurant Health recognize employees in this week’s Comings & Goings. Check to see if a colleague is mentioned today.

Two in five adults in the U.S. are getting general health care from specialist doctors, according to a new study showing that figure held steady for nearly a decade.

Defined contribution plan sponsors need to do a better job communicating key information to participants, according to a recent survey of plan participants conducted by State Street Global Advisors.

Two new studies amplify the benefits—especially for women—of working with financial advisers, and provide insight into a changing demographic for life insurers.