Banco Popular de Puerto Rico

Commentary: To better serve millennials, the financial services community and 401(k) plan sponsors need to better understand the motivations of the typical member of this generation.

It seems that everyone has a smart phone or a tablet and I can’t think of anyone I know who does not have internet access at home. Consequently, plan sponsors ask all the time if they can just e-mail plan documents to employees to satisfy the notice requirements, or maybe just post new plan documents on the company intranet. Recent legal actions serve as a reminder that the short answer to the question is no.

Commentary: The Department of Labor's new proposed fiduciary regulations have caused quite a stir in the retirement plan community. A frequently asked question is who, exactly, will be affected, and who won't be.

There are a number of reasons why employees leave their jobs — they’re bored and unchallenged, they don't get recognition for their work, they have a strained relationship with their manager — but they are all related to a single problem.

The Affordable Care Act brings new administrative complexity to employers offering health plans, making real-time reporting even more critical.

Comparing wellness program participants to nonparticipants is a widely repeated mistake. It continues because employers are not schooled in research study design.

The reality is that monitoring your service providers is an essential component to fulfilling your fiduciary duty as an employer. The tangible tasks that you must take on, such as, reviewing performance and educating participants, are easily executed. The confusion lies in the intangibles.

The EEOC released its highly anticipated, proposed regulations setting forth the EEOC’s interpretation of the term “voluntary” as to the disability-related inquiries and medical examination provisions of the American with Disabilities Act.

The right employee benefits consultant partners with you to remove obstacles and help simplify today’s complex benefit issues so that you can focus your core business objectives. The time you invest up front can pay off enormously if you find a consultant who understands your needs and can help you build a strategy around them.

In human resources and insurance circles, we’ve been talking about wellness for quite some time. And most employers have dived in and now offer a wellness program. So, how are these wellness programs performing? Too often, the answer is “not well.”