Employer Strategies

American workers are becoming more and more pessimistic about their retirement prospects, according to a new survey by Sun Life Financial, but those who have invested in annuities or hold long-term care insurance are decidedly more confident.

FINRA this week issued an investor alert urging the roughly 30% of American workers who are not contributing enough to their 401(k) plans to receive a full employer match to step up their contributions in order to meet their eventual retirement needs.

The Obama administration is pulling the plug on a long-term, home-care program included in the 2010 health care reform law that Republicans have derided as a budget trick.

As the cost for health insurance continues to rise, the relationship between a benefit professional and a customer looking for affordable health care benefits can become strained. Despite the tough times, Read in today's BeAdvised why a broker who can provide a silver lining will stand out from the competition as a credible, valuable consultant.

WageWorks Inc. is sponsoring a consumer education campaign which provides resources and tips on the advantages and proper uses of pre-tax benefits. Save Smart, Spend Healthy’s focus expands this year to include information on pre-tax dependent care and commuter benefits, in addition to health care flexible spending accounts.

The American Association for Long-Term Care Insurance announced last week that it will publish its third consumer-focused advertorial section, entitled “Fresh Perspectives on Long-Term Care Planning" in the December issue of Kiplinger’s Personal Finance magazine.

Amidst resistance and apparent confusion surrounding its new employee rights notice-posting rule, the National Labor Relations Board (NLRB) has pushed back the rule’s effective date by more than two months. Employers affected by the rule must now post the notice by January 31, 2012. The rule, which requires employers to post a notice of workplace employee rights under the National Labor Relations Act, was previously slated to go into effect November 14, 2011. The NLRB…

Wells Fargo & Co plans to cut costs by moving its workers into insurance plans that encourage them to spend less on health care.

An Iowa administrative law judge has blasted QC Mart convenience store owner William Ernst for operating a "firing contest."

Sponsors will fund rising contributions to private pension plans that are still recovering from the investment nosedives of 2008, according to a report released yesterday by the Society of Actuaries and American Academy of Actuaries.