Employer Strategies

Americans living longer means a corresponding uptick in annuity sales.

MetLife Inc. said it would combine an offshore reinsurer with three U.S. life units after regulators began an investigation into the use of intra-company liability transfers, saying such arrangements could mask risk.

A number of misconceptions have prevented these entrepreneurs from doing a better job preparing for retirement.

In order to successfully reach their goals employees must begin embracing the concept of Retirement Readiness with the same commitment as their employers.

Meanwhile, doctors are protesting new guidance for the diagnosis of some mental disorders, including autism, contained in the revised edition of the Diagnostic and Statistical Manual of Mental Disorders.

Sixty-nine percent of employers tells the IFEBP that they definitely plan to provide employer-sponsored health care when exchanges begin in 2014; in 2012, only 46% of companies were willing to commit to that.

Property and casualty insurers are voicing concerns that longstanding tax exemptions for municipal bonds could be disrupted as part of a broader U.S. tax-code changes being considered by Congress.

The court observed that a person is a fiduciary only “to the extent” it exercises authority or control over plan assets in a case involving a small prosthetic limbs manufacturer and American United Life.

The U.S. Department of Labor’s Employee Benefits Security Administration has issued new guidance on the Affordable Care Act requirement that employers provide employees with a notice of their health insurance coverage options available through the future health insurance exchanges.

The California Bankers Association recently announced a long-term care benefit for employees of member banks throughout the state. The initiative is one of the first of its kind for any large U.S. association, and could be a bellwether for the financial field and beyond.