Employee benefits

The United States Supreme Court has agreed to hear Tibble v. Edison International, a case in which the plaintiffs contend their ERISA plan fiduciaries breached their duty of prudence by offering higher-cost retail-class mutual funds to 401(k) plan participants, even though identical lower-cost institutional-class mutual funds were available.

Health care reform has changed the role of the adviser from insurance broker to that of a trusted adviser, counselor and compliance guru. Advisers hoping to thrive in this new environment will embrace the change less as a burden and more as an opportunity.

Retirement patterns are changing globally. As a result, providing employees greater retirement security and financial literacy can help employers cultivate a less stressed, healthier and more engaged workforce.

Global information and measurement company Nielsen reveals how implementing a measured communication approach – both on the ground and in the cloud – during open enrollment worked wonders for the company’s internal employee ratings.

Can a cafeteria plan prevent an employee from heading to the exchange? New IRS direction clarifies mid-year changes for your client’s cafeteria plan participants.

Pick the wrong technology provider, and you’ll be fighting fires and frustrating employees every day, no matter how Amazon-like the shopping experience is for the end user.

What tricks and treats do you have lined up for your employees to help them manage the frequently conflicting personal and professional priorities that arise during the holiday season?

With the ACA’s employer mandate on the horizon, many employers with part-time and variable hour employees are also re-evaluating their benefit offerings for part-time employees.

With more confusion swirling in the employer 401(k) market – not to mention an American workforce with staggeringly low retirement confidence – advisers and consultants recommend employers play a bigger role as a fiduciary when considering administration fees and investment education.

With the advent of the Affordable Care Act, strategic planning for benefit plans has taken on a new level of importance. Yet very few employers have a strategic plan in place for benefits, said Bill Hembree, CEO, Health Research Institute during this week’s Benefits Forum & Expo in Boca Raton, Fla.

As the obesity epidemic and overall sedentary lifestyle continue to cripple the American workforce – drastically increasing health care costs – consider the inspirational words of Diana Nyad. The record-holding swimmer, who accomplished a near-impossible swim from Cuba to Key West, Fla., centers on one key message to help jump start the population: "Never, ever give up."

Her breadth and depth of experience make Theresa White a good choice to be Aflac's first female and African-American president of Aflac U.S., say industry experts.

Targeting employee needs and purchasing preferences can boost engagement and enrollment with voluntary benefits. The way to personalize that message, experts say, is through the use of data analytics.

Commentary: On Friday, September 26, Bill Gross, the portfolio manager of the PIMCO Total Return Bond Fund, left the company for another job. Many financial advisers, including me, believe that his departure is a positive for the Fund and PIMCO. Why is this important to you as a retirement plan sponsor?

Health care reform has presented employers plenty of new challenges to grapple with when it comes to offering health care coverage, and, many say, has expanded the critical role of benefit advisers who heed the call.

In a world where instant gratification and customization are a way of life, workplace wellness programs haven’t kept pace, says Scott Haverlock, senior manager, talent & total rewards with Niagara Bottling, Inc. and a keynote speaker at this year’s Benefits Forum & Expo.

Communication will be a critical component of benefits administration in the future, according to Aflac’s Teresa White, who outlines benefit and HR trends for the upcoming year.

Commentary: Health insurance companies, health care professionals, politicians, academics and public health advocates all have opinions about what health care reform in America should look like.

A focus on retirement has been key recently, with a push for younger generations to begin investing into 401(k)s, along with recent calls to Congress to empower savings among employees. Employee Benefit News has remained on top of the coverage and has packaged it for you here.

A new self-service tool for employers and brokers aims to make the RFP process for pharmacy benefit plans a little easier.