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A $15 billion asset increase, paired with a $14 billion liability decrease, reduces the Milliman 100 PFI pension funded status deficit to $285 billion.
April 23 -
Study Reveals Financial Industry Not Meeting Womens Needs. Three-fourths feel they earn better returns teaming with financial professional.
April 23 -
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.
April 23 -
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.
April 23
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Towers Watson reports that employers contributed $45.1 billion to their pension plans last year, up from $38.9 billion in 2011, but it wasnt enough: pension deficits jumped 17%, or $42.5 billion, to $295.2 billion at year-end 2012.
April 23 -
Social Security savings of $1.6 billion among reductions projected for 2014 and beyond
April 22 -
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.
April 22 -
Non-qualified deferred compensations have been around even before the passage of ERISA in 1974.
April 22 -
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.
April 22 -
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.
April 22
