Banco Popular de Puerto Rico
Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.
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Just under an hour ago, the DOL-SEC hearing on target-date funds got underway. (No need to miss out on the events! Click here for a list of today's speakers and link to the live webcast.) Scheduled to testify today is Jeff Coons, co-director of research at Manning & Napier Advisors. The firm's primary gig is managing lifecycle investments for employer clients to the tune of about $16 billion. I spoke with Coons yesterday to get
June 18 -
EBN has an intern for the summer, and although I'm tempted occasionally to ask her to take down my Starbucks order and forward my constantly ringing phone to her desk, I don't -- for two reasons. One, I've had that kind of internship experience and would never wish it on anyone -- let alone someone as nice and talented as our dear intern. I genuinely want her to have a rewarding and educational experience
June 22 -
EBN's sister title Money Management Executive reports that as Americans see their pay cut and 401(k) matches suspended, they are worried about their preparedness for retirement, according to a Hartford survey. Thirty-four percent are either 'extremely' or 'very' worried about their ability to save for retirement, and 56% fear they'llhave to cut back on their contributions. Tom Foster, Jr., retirement spokesman for The Hartford, says companies should do what they can to encourage workers
June 22 -
It's a five-in-one tip today, from EBN Contributing Editor Jill Hudgins, benefits communication director for The Home Depot. This month, Hudgins offers her five tips for engaging employees in wellness and moving the needle on health care costs. She knows of what she speaks, as she leads communication for the thousands of employees at Home Depot's more than 1,500 stores across North America.
June 23 -
Strength in numbers tends to be true of most pursuits, but according to new research from Fidelity, couples are, well ... awful at joint financial planning. So pros, you're definitely on the right track with offering financial education and retirement planning resources to spouses as well as employees. Among the somewhat startling findings:* Less than half of couples (45%) make decisions jointly regarding day-to-day financial decisions such as budgeting and bill payment.* Even fewer couples
June 19 -
Couple rising health care costs with the increased emphasis on consumerism and you've got more than enough reason to get familiar with Magnet Recognition facilities -- a distinction given to hospitals and other health care organizations providing high-quality nursing care. Although most quality data available -- what little there is, granted -- addresses physician quality, EBN Contributing Editor Betty Long (an RN herself) points out that "nurses render 95% of the care that a patient
June 18 -
With barely one generation of retirees under its belt, I think it's premature to say this, but here's a report (and accompanying video) from Fortune allt he same with a screaming headline: 'Has the 401(k) failed?' Granted, the economic collapse of last fall showed the biggest flaw of the 401(k) is that it has fast become workers' last best chance at securing their retirement, yet is vulnerable to the swings of the stock market. No,
June 18 -
We're entering the thick of baseball season; you can tell because the fastballs flying at you from Capitol Hill are coming fast and furious. From COBRA to HIPAA to health care reform, you need to keep your eye on the fastballs. Otherwise, as EBN Contributing Editor Nancy L. Bolton says, "they'll pop us on the head."
June 17 -
According to new research from investment advisory firm Financial Engines, although most 401(k) plan participants suffered significant losses in last year's economic collapse, with the right planning 'most people can recover, if they don't panic and were on a good track to start,' says Wei-Yin Hu, the firm's director of investment analysis and research.
June 17 -
Speaking today before attendees at the American Medical Association's annual meeting, President Obama called the current state of the nation's health care system a "ticking time bomb," saying, "If we don't fix health care, America may go the way of GM: Paying more, getting less and going broke."Reminding the physicians in attendance that to most Americans -- including the first family -- "you are the health care system; we just do what you tell us
June 15