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In an effort to help Americans better prepare for their retirement, INGs U.S. Retirement division has launched a nationwide initiative that allows employees to instantly enroll in their workplace retirement plan by accessing INGs online enrollment center through a tablet.
October 6 -
While workers can't do much when a stock market sell-off hits their 401(k) balances, they can speak up about poor investment choices and unreasonable plan fees. Now, more are taking those complaints to the courts as they bring lawsuits against employers they believe have allowed poorly-performing and overly-expensive funds into their retirement plans.
October 6 -
October marks the start of open enrollment season for many American workers their annual opportunity to reconsider and re-elect the benefits made available by their employers. The Growing Importance of the Workplace, the first in a series of research briefs stemming from Prudential's Sixth Annual Study of Employee Benefits, found that 80% of workers believe the workplace is an important source for personal insurance and savings products.
October 6 -
Here’s a scenario for you: a group health and wellness client you’ve represented for over ten years approaches you to be his/her adviser on a 401(k) plan. Congrats! You’ve worked hard to position yourself as a valued adviser. No doubt you’d like to reap the fruits of your labor. But your next action is extremely important. It may have not only ethical consequences, but legal ones as well. It is vital that you go forward with a
October 6
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A top Labor Department official defended the controversial plan to expand the definition of "fiduciary" to cover people providing advice to retirement plans on a commission-based model, a proposal strongly opposed by industry groups representing independent broker-dealers and advisers.
October 5 -
To fix their persistent pension problems, some U.S. states are looking to reshape their retirement plans to resemble those in the private sector, but they may find many employees resistant and the savings elusive.
October 5 -
Retirement plans are fast becoming an important tool for small businesses to attract and retain talent. Surprising even some experts, it has joined the ranks of health care as a major employee demand, according to a new survey.
October 5 -
I love hearing about random national holidayslike National Banana Day and National Hug Day. The latest I heard about actually occurs today (Oct. 4): Get out your party hats for National Improve Your Office Day!
October 4
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In the midst of a gaping hole in life insurance coverage, Mintel Comperemedia, a research and consulting agency that specializes in direct marketing, released statistics regarding the life insurance sectors marketing targets and finds that carriers are drifting further and further away from the bulls-eye.
October 4 -
President Obama's sweeping health care overhaul will top the agenda in the new Supreme Court term that opened on Monday and could be the most momentous in decades.
October 4
