Wealth management

In the past five years, employers have realized just how precarious a position their employees are in when it comes to retirement and they have begun to put plans in place to help get them moving in the right direction.

In light of anticipated new fiduciary regulations from the DOL, employers are becoming more aware of potential conflicts of interest and the importance of protecting employees in their 401(k) plans.

Companies that sponsor 401(k) plans need to consider employee demographics when deciding which types of qualified default investment alternative to offer, according to research by Manning & Napier.

Although many defined contribution plan participants would benefit from setting aside more dollars in their retirement savings accounts, they at least are holding a steady course when it comes to tapping retirement savings prematurely.

While there are several reasons pension plan sponsors are looking to address risk in their plans, reducing Pension Benefit Guaranty Corporation premiums remains a concern many plan to address in the coming year.

The rest of the world is following the U.S. lead in embracing the defined contribution model of retirement savings plans, with America’s employer-sponsored plans taking a huge share of global assets. And with those huge assets come huge risks.

Annuity providers are putting on a full-court press to encourage employers to give serious consideration to incorporating lifetime income solutions to their defined contribution plan participants.

Commentary: The FBI is still investigating the potential causes of the data breach at Anthem, the nation’s second-largest health insurer. There is still no clear indication who perpetrated the attack, reported Feb. 5, how they did so, or what could’ve been done to stop it, but informed sources point to a number of strong possibilities on all counts.

Significant numbers of Americans, and therefore employees, are stressing about their financial situation at a level deemed “too high” by the American Psychological Association.

The addition of a Roth in-plan conversion feature to a company's 401(k) plan may be viewed by executives as an important tax planning tool.

President Barack Obama’s $3.99 trillion fiscal 2016 budget proposal echoes and expands on much of what he presented during his State of the Union address last month, from expanding sick leave to enhancing training and providing some free access to community colleges.

President Barack Obama is dropping his proposal to tax the earnings on college savings accounts, responding to criticism of an idea the White House announced 10 days ago.

The tool, designed to help covered employees find doctors, understand health care finance, and meet health goals. is being piloted JPMorgan Chase and will expand to a select number of U.S. employers in 2015.

Several of the proposals outlined in the President’s State of the Union address may change how employers plan their strategies on wages, sick leave and child care, as well as how employees prepare for retirement.

Employer-sponsored health insurance premiums grew more slowly in 31 states and the District of Columbia between 2010 and 2013, following passage of the Affordable Care Act, but they still grew more quickly than household incomes.

Many companies say they will bolster their efforts in 2015 to increase their workers’ sense of financial health, extending their strategies beyond just retirement readiness

A set of tax proposals issued today by Rep. Chris VanHollen (D-Md.), the ranking Democrat on the House Budget Committee, may lay the foundation for Democratic employee benefit-related legislation this year and beyond.

In an attempt to improve retirement savings rates, Illinois becomes one of the first states to enact a retirement savings plan for people who lack workplace access to 401(k) plans.

Corporate pension plans took a hit last year, dropping 9 percentage points. Analysts point to two key factors as cause for the decline: falling interest rates and new, lower, mortality rates.

Employers offering mass transit benefits should make note of recent changes to the allotted amount employees can take out pre-tax, a provision included in the Tax Increase Prevention Act of 2014 which was signed by President Barack Obama on Dec. 19.