Employer Strategies

Despite the best efforts of workplace-sponsored retirement plans and even the relatively positive status of Social Security, many baby boomers say they have lost confidence in their ability to live comfortably in retirement.

A plan’s average account balance is a key metric used by recordkeepers and other service providers to evaluate its health. Increasing it can give sponsors the leverage they need to negotiate lower fees.

Smartphones have transformed the way employees engage in work, and smartwatches are about to do the same.

Consumer expectations demand advisers establish an online presence, LIMRA research shows. Financial advisory firms are stepping up to meet the demand, and following 3 critical steps to achieve social media success.

While several reasons have been suggested for a plateau effect in public exchange enrollment, it may all come down to dollars and cents, as well as carrots and sticks.

Committees and plan sponsors alike have discussed ways to improve their investment menus over the last several years as a way to help drive successful retirement outcomes for employees. Regulatory changes, market instability and large numbers of investment options have led plan sponsors to devote more attention to their plans’ investment menus. What steps can committees take to help the problem that has plagued so many participants over the years? …

Millennials are often portrayed as job-hopping, entitled employees yet they are hard-working and loyal if they believe their companies are investing in them in ways they value.

Employees say nothing in their total rewards package stands out, and this perceived lack of differentiation could be damaging employers’ attraction and retention efforts.

As one of the nation’s largest producers and transporters of energy and with thousands of employees spread out across the country, there is a lot riding on the health of the employees at Dominion Resources.

The Affordable Care Act has had one unintended consequence for small businesses. It has prompted employers to beef up their retirement benefits as a way to attract and retain good employees.