Health insurance

After nearly five years of waiting, the DOL has released its proposal to amend the regulation governing ERISA’s fiduciary definition. The proposed fiduciary rule aims to expand fiduciary duties to those who provide investment advice. With expert analysis and reaction, EBA is covering the highly anticipated unveiling of the rule. Here you can find our complete coverage on the proposed rule.

On Tuesday, the Department of Labor released its much-anticipated rule proposal extending a fiduciary standard to thousands of brokers and advisers providing investment advice to clients on retirement accounts. As the days follow, check back for coverage and analysis of what to expect during the 75-day notice and comment period.

The much-anticipated rule that provides a new definition of who is a fiduciary was released by DOL this week to much fanfare. And while most people agree there won’t be much impact on plan sponsors, there are passionate groups on both sides of the aisle fighting for or against this new proposal.

Commentary: The new proposal will provide greater transparency regarding fees and a uniform definition of who is a fiduciary.

The Department of Labor on Tuesday unveiled its much-anticipated rule proposal extending a fiduciary standard to thousands of brokers and advisers providing investment advice to clients on retirement accounts – but details on enforcement were still forthcoming.

Defined contribution plans have become one of the fastest-growing segments of the retirement industry, representing $7 trillion of the $24 trillion in retirement system assets in 2014, and while private companies have been at the forefront of the change, but government entities are following suit, which means DC plans will become even more important in the years ahead.

As American workers are increasingly looking to a new range of employer-sponsored retirement products to help guarantee some securely funded golden years, they may be missing out on the advantages of a system they’ve paid into their entire working lives.

In recent years, a number of states have begun toying with the idea of creating their own retirement systems to help smaller employers provide workers rudimentary retirement savings opportunities.

California's struggling to pay for health care for retired state employees, with an estimated $72 billion in medical costs coming in the next 30 years. Gov. Jerry Brown's solution: Make workers start contributing money to pay for the health care they'll need after retiring.

Aflac says it will now pay out certain voluntary benefit claims in one business day, an announcement that industry experts say will likely force competitors to follow suit.

The departments of Labor, Treasury and Health and Human Services today published final rules amending the definition of excepted benefits to include certain limited coverage that wraps around individual health insurance.

Everyone knows healthier employees are more productive employees, and focusing on wellness can help achieve that goal. But there are two things vital to us all missing from the equation: vision and hearing.

Illinois’s remedy for the state’s worst-in- the-nation $111 billion pension-funding shortfall was disliked by lawmakers who voted for it, the new governor who inherited it and public employee unions who sued to void it.

The consultancy’s Web portal enables a variety of plans to be offered by employers, who are cutting back on benefits for retirees.

Companies that make data-driven decisions are more likely to be stronger performers than those that make more instinct-driven decisions.

It was just a year ago that VSP Global and Google, Inc. teamed up to offer Google Glass prescription lenses and frames at a subsidized price. But Google Glass’s announcement last week that it was halting sales of the product raises questions about VSP’s future role.

A possible model for PPACA state exchanges, VIRTUAL COMPARE shows how easily brokers can be included in the process.