Employment attorney Jonathan Segal told attendees at yesterday’s SHRM legislative event that benefits pros need to show employees their softer, more human side. “Don’t treat employees as plaintiffs waiting to happen,” he said.

Advisers are familiar with the general challenge of getting people to take advantage of sound financial advice and do more to achieve retirement goals. A recent survey by PNC Financial Services Group quantifies that challenge, and points to some ways to overcome it.

Illinois became the second state to settle with the U.S. Securities and Exchange Commission over charges it misled investors about a growing shortfall in its employee pension funds as it sold $2.2 billion in bonds.

The Principal Financials’ Aaron Friedman says we are seeing 403(b) plan sponsors interested in reviewing their plan designs as they look to further clean up initial steps that were taken just a few years ago. This additional work is based on their own experience with compliance under the final regulations, as well as the administrative lessons they’ve learned.

Defined contribution plan sponsors who have yet to get on board with auto-enrollment -- a trend that began more than a decade ago -- are now in the minority. One study published last week in Science magazine found that 56% auto-enroll participants -- up sharply from 19% back in 2005. The study by behavioral economists Shlomo Benartzi and Richard Thayler also found that a slim majority (51%) of sponsors has embraced auto-escalation of deferral amounts.

Nearly half of all health plan members in the group and individual markets nationwide say they are interested in using a state exchange to purchase health insurance, according to a new survey by J.D. Power and Associates.

While experts once predicted savings of as much as $81 billion a year from electronic records, U.S. health care spending has continued to increase, partly because of systems that don’t share information, they say.

We’re starting your week with three important facts, developments or conversations from recent and upcoming events. This week, we’ll look at why uninsured Americans’ hospital bills are so high, more official steps forward by HHS on public exchanges and HHS goals for tech improvements in 2013.

By the time Astra Augustus left Virtua Memorial Hospital in New Jersey after the last of four surgeries, she’d run up about $255,000 in bills.

Although Millennials have been called everything from "innovative" to "entitled," the recent "Stress in America" study from the American Psychological Association has different label for them: Stressed.

It’s getting a lot of press. “It” is the provision in the recently passed American Taxpayer Relief Act of 2012 that now allows participants in 401(k) plans to convert existing traditional 401(k) balances to Roth 401(k) balances.

Participant guidance, advisor relationships and regulatory environment drive success in the below $50M market

Insurer Boasts 2% Average Fees on Annuity Assets.

What do plan participants say they need to make better use of their retirement? Some answers, from a recent State Street Global Advisors survey, offer insights that can help advisers work with their clients on member education efforts.

Probably you. The Securities & Exchange Commission (SEC) is moving forward in its quest to define who is a fiduciary for various client/adviser transactions.

New York City’s police pension won’t sell about $10 million in gun-related holdings, the president of the biggest officer union says.

Express Scripts, however, says the decline was offset by an 18.4% rise in spending on specialty medications. The aggregate trend for 2012 was a bump of 2.7%, similar to that of 2011.

Many employer plan sponsors are expressing a high level of interest in adding Roth 401(k) in-plan conversions as an option to their 401(k) plans in 2013. The recently passed Taxpayer Relief Act of 2012 made it possible for retirement plan participants to convert existing 401(k) plan balances to Roth 401(k) balances, whether or not the participant is distribution eligible.

The challenges confronting many retirement plan advisers are familiar.

New 401(k) loan transactions were down approximately 5% year-over-year, and total hardship and in-service withdrawals were down nearly 8%, according to Bank of America Merrill Lynch’s most recent 401(k) Wellness Scorecard, released Thursday.