Advisers Latest

As employers shift to an employee-driven benefits model, plan participants’ perceived value and satisfaction in their benefits are declining, according to Prudential’s fifth annual “Study of Employee Benefits: Today & Beyond.”

American Westbrook Insurance Services, LLC, a subsidiary of Hendricks Holding Company, Inc., has acquired substantially all of the assets of The American Worker Plans, Inc., expanding the services available through its benefit wholesale division.

GreenWood International Insurance Services, Inc., a Massachusetts based managing general underwriter, announced they have been acquired by Pan-American Life Insurance Group, a leading provider of life and health insurance in Latin America and the U.S. Hispanic market.

Employee Benefit Adviser magazine is now accepting nominations for four annual awards: Employee Benefit Adviser of the Year Health Plan Adviser of the Year Retirement Plan Adviser of the Year Voluntary Benefits Adviser of the Year

AXA Equitable Life Insurance Company has introduced a structured investment option for its EQUI-VEST® series of variable deferred annuities available to employer-sponsored retirement savings plans.

The future of the investment advisory industry depends on reducing the cost of doing business, said Mark Casady, Chairman and CEO of LPL Financial, in the opening keynote at the Money Management Institute’s 2011 annual convention, held last week in Boston.

Kansas lawmakers early on Friday passed a bill prohibiting women from receiving general medical insurance coverage for abortions, except when the mother's life is at risk.

Ternian Insurance Group has introduced HealthBasic, a limited medical plan for small employers with as few as five lives. The plan features different levels of coverage for different classes of employees: a mid-level plan for owners and two affordable limited medical plans for salaried and hourly employees.

Here’s a roundup of recent promotions and staff changes in the industry.

Leading employee benefit law practitioners willing to act as mediators or expert witnesses in legal disputes can now be found by logging onto The American College of Employee Benefits Counsel’s website.