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Kenneth Corbin is a Financial Planning contributing writer in Boston and Washington. Follow him on Twitter at @kecorb.
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By assessing the needs of various employee populations within a workforce, benefits can be constructed to be more independent and effective.
If we expect the C-suite to take on the personal liability associated with a fiduciary charter, then we must provide them with a conflict-free partnership.
Advisers should ensure clients have a realistic payment-integrity solution on the front end and robust claims recovery program on the tail end for capturing overpayments.
With raised fiduciary expectations, the health benefits market will move toward more transparent, level-fee structures and fiduciary-aligned advice.
The Department of Labor issued a safe harbor rule protecting benefit leaders as they navigate the added risk to retirement planning.
