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What could be simpler than merely indicating to whom or to what entity a participant wishes their assets to be transferred in the event of death? Unfortunately, numerous issues arise in connection with the simple task of designating a beneficiary.
May 5 -
Do you require nonexempt employees to review their timecards every pay period? Probably not. But according to Bob Yonowitz, partner at the Irvine, Calif. office of Fisher & Phillips LLP, you should.
May 5
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Last week American General Benefit Solutions (Benefit Solutions), a business unit of American General Life Companies, unveiled a series of informative video presentations for its most popular plans to help agents promote its extensive line of employer-funded and employee-paid insurance products.
May 5 -
Large health insurers expect an increase in deals in the industry after last year's U.S. healthcare overhaul made it tougher for smaller companies to compete.
May 5 -
With the equity markets recent woes in the past, variable annuity sales perked up in 2010, according to the Insured Retirement Institute in Washington, D.C.
May 5 -
While retirement confidence levels are low, employees are showing that theyre taking steps to financially recover from the 2008 recession and that they understand the importance of planning for the future, according to a new research report from Financial Finesse, a provider of workplace financial education.
May 5 -
Weve developed online benefit portals and with only a few keystrokes, a complete file is sent on an electronic data interface (EDI). My simple view is its like happy hour for a bunch of computers one system talks to another, then another, and hopefully theyll all have cheerful dispositions. When happy hour prices go sour, so do the error messages I receive.
May 4
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Heres a roundup of recent promotions and staff changes in the industry.
May 4 -
Last week LTC Financial Partners, LLC (LTCFP) announced the formation of a new division called Worksite Academy to help solve a critical problem for employers: maintaining productivity with an aging workforce.
May 4 -
In a renewed attack against President Barack Obama's healthcare overhaul program, House Republicans voted on Tuesday to deny funding for a central element of the law that sets up marketplaces for people to shop for health insurance coverage.
May 4

