Compensation
Compensation
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For many benefits professionals, the different private exchange offerings and the varied value propositions they present can be overwhelming. So lets take a step back and examine the issues one at a time.
May 18 -
The U.S. Supreme Court said 401(k) plans have a duty to monitor the investment options they offer, in a ruling that may help investors press lawsuits over underperforming funds and excessive fees.
May 18 -
Commentary: Such tools stimulate enhanced benefits administration for corporate clients, particularly within these four aspects of coverage.
May 18 -
Commentary: Countless conversations with brokers struggling with 6055 and 6056 concerns show many find their applicable large employer clients are challenged to find practical solution for this reporting, says EmployeeTechs Michael Weiskirch.
May 18 -
A bipartisan bill recently introduced in the House and Senate would require employer-sponsored retirement plans to provide participants with an estimate of how much lifetime income they could expect from their current savings.
May 18 -
Commentary: A few months ago, two major announcements were made in the retirement plan space that profoundly affected retirement plan sponsors and participants.
May 18 -
The Affordable Care Acts Small Business Health Options Program will not succeed without the broker community, the heads of three state-run exchanges said at a HIX policy conference.
May 18 -
The Department of Labor is giving the financial services industry and consumer advocates more time to comment on its controversial fiduciary conflict-of-interest rule proposal.
May 15 -
If employees are not well prepared for retirement it should be a major concern for both employees and their employers, experts say.
May 15 -
Commentary: At the end of an unsuccessful enrollment campaign, an adviser may wonder why participation was so low after they spent time and money on communications. Its simple, says David Melton: Brokers employing the same old strategy will not succeed.
May 15 -
Only 10% of some 480 employers in 36 industries responding to a recent poll have implemented an in-house or outsourced solution to comply with Affordable Care Act reporting requirements.
May 15 -
Does giving employees multiple choices of health plans drive competition and empower them pick plans offering the greatest value and highest quality care the theory underlying the Affordable Care Act and many employers benefit plan designs?
May 15 -
Whether participating in private exchanges or not, some say similar programs have been in place for decades, pointing to the governments 50-year-old Federal Employee Health Benefit Plan as early example of what many employers are dealing with today.
May 15 -
Whatever employers have spent to comply with the Affordable Care Act so far, some feel the costliest years are yet to come.
May 15 -
Commentary: New guidance suggests that OIG expects governing boards to understand the organizations compliance obligations, work closely with management to monitor and enhance the organizations compliance program, and to encourage compliance accountability across the organization.
May 14 -
The state of Nevada Public Employees Deferred Compensation Program chose Voya Financial, Inc.s retirement business to serve as its single service provider.
May 14 -
Without an effective strategy or the right tools to reduce costs, brokers and employers continue to embrace cost shifting through payroll contributions and changes to deductibles and coinsurance to manage rising healthcare cost. However, there are resources that can help employers effectively measure the success of a wellness plan, while incorporating specific cost-saving strategies.
May 14 -
When people speak about retirement and security, women often get overlooked, but they are one of the most vulnerable segments of society.
May 14 -
Analysts predict Aetna is planning to acquire another carrier in the near future, likely Humana or Cigna, a move that promises to disrupt the industry.
May 13 -
The Department of Labor recently announced a proposed set of regulations about retirement plan fiduciary responsibility. Here are the answers to nine frequently asked questions employers have about their fiduciary duties.
May 13