Employer Strategies

In its first day of hearings about the proposed fiduciary rule, the DOL has heard testimony from advisers, legal experts and other industry representatives — many seeking revisions to minimize the ‘burden’ of the rule’s future implementation.

Concerns about over-regulation and accusations of industry cynicism led the opening of the Labor Department's hearings on its proposal to impose fiduciary requirements on retirement advisers — the latest phase of its contentious process to craft new rules on consumer protections.

Despite a growing optimism about their financial situations, African-Americans still participate in their employer-sponsored retirement plans at lower rates than the general population, indicating a continued need for employers to focus on retirement plan education.

Employers must make appropriate religious accommodations – just ask UPS and Abercrombie & Fitch.

Brokers continue to be a vital resource for individuals enrolling in health care coverage on the marketplaces setup under the ACA, with some brokers saying in 2015 they helped more than 100 individuals enroll in health care coverage on the marketplaces.

Employers are realizing that employees really respond when they not only promote their company retirement plan, but contribute to it.

The business response to the ACA, coupled with the growing health care consumerism movement, is rapidly changing the relationship between employer and employee.

Next-generation total compensation statements meet employees’ demands for real-time benefits information and can offer employers a powerful recruiting tool.

Commentary: We have to stop and recognize that certain industries will always offer better benefits than others, adviser David C. Smith says of Netflix’s news it will offer a full year of paid parental leave.

Commentary: Pension liability risk management is now more critical than ever. If an employer triggers a withdrawal, they need to act within 90 days to preserve their legal rights.