Employer Strategies

Fewer than half of Generation X and Generation Y investors have made saving for retirement their top priority and a majority have little understanding of financial products and services, according to LIMRA research.

There may be a slightly silver lining to the murky clouds of health care reform: ancillary benefits, which often include voluntary benefits, are expected to grow substantially in the coming years. Advisers may do well to leverage these offerings with clients, says EBA Blogger and UBA CEO Thom Mangan.

Towers Watson reports that employers contributed $45.1 billion to their pension plans last year, up from $38.9 billion in 2011, but it wasn’t enough: pension deficits jumped 17%, or $42.5 billion, to $295.2 billion at year-end 2012.

Social Security savings of $1.6 billion among reductions projected for 2014 and beyond

LIMRA research reveals that the majority of Generation X and Y consumers have little understanding of financial products and services and less than half make saving for retirement their top priority. Their situation improves, however, with the help of financial adivisers.

Non-qualified deferred compensations have been around even before the passage of ERISA in 1974.

“We were doing what was right for Yahoo! right now. It was wrongly perceived as an industry narrative,” Marissa Mayer said at the Great Place to Work conference in Los Angeles last week.

Patient safety at U.S. hospitals is hampered by inadequate teamwork and communication, as well as a negative culture, according to a study by insurer American International Group Inc.

As most employers worry about whether to “pay or play” as of 2014 and whether or not certain employees will need to be counted as full-time for health care reform purposes, there is an elephant in the room: the approaching nondiscrimination rules that apply to all health plans that are not grandfathered.

Yahoo! President and CEO Marissa Mayer defended her controversial decision to terminate the company’s teleworking policy at the Great Place to Work conference in LA.