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Pre-retirees who continuously held a 401(k) plan with Fidelity Investments for the past 10 years more than doubled their account balances, according to data released by the company.

In the past, unless a 403(b) program (or plan) was subject to the Employee Retirement Income Security Act of 1974, it had no documentation requirements and, even if subject to ERISA, very few reporting obligations.

In response to the National Commission on Fiscal Responsibility and Reform's proposals to reduce the national debt, the president and CEO of the American Society of Pension Professionals & Actuaries claimed, "recommendations from the draft report … would eliminate tax incentives for retirement savings and negatively impact the ability of working Americans to effectively prepare for retirement.”

Despite the increasing proliferation of target-date funds in employer-sponsored retirement plans, many sponsors aren’t very knowledgeable about the funds, Janus found in a survey.

Feedback from 750 senior-level HR professionals on the state of performance-evaluation programs reveals that employers can do a better job of aligning the process to business objectives, finds a study by WorldatWork and Sibson Consulting.

One of the nation’s leading group legal plan providers recently acquired a lesser-known player, while a rival firm considered this avenue as one of several strategic moves to enhance shareholder value – proving the adage about strength in numbers may be particularly compelling in this business climate.

Two recent indicators of small-business activity have found that the nation’s economic engine is chugging along with a more optimistic outlook than previously believed – developments that could expand the number of voluntary benefit plan participants.

Humana Inc. recently expanded its digital footprint in the worksite market by launching an interactive, Web-based resource that shows how critical illness, disability and accident coverage offer financial protection in the event of an injury or illness.

Various months are designated throughout the year to educating consumers about the need for a particular insurance product line or service to ease financial burdens.

Assets in U.S. exchange-traded funds rose to $924.9 billion as of Oct. 31 - its highest level on record - up $39.9 billion or 4.5% during the month.