What kind of employee takes advantage of the chance to select from potentially thousands of investment options available through a 401(k) brokerage account?
As small employers shift from group to individual coverage, private exchanges can be a useful tool to keep brokers competitive and maximize profits during the transition.
Rising health care costs and concerns for employees’ financial wellness and retirement preparedness are nudging employers to re-evaluate their benefit offerings.
Standing out from the competition, maintaining healthy prospects and offering essential solutions can help attract prospective buyers.
It turns out that two of the most common consumer complaints about HIX plans mirror longstanding gripes about traditional health insurance, but there’s a movement afoot to ensure provider network directories are accurate and help patients better calculate and budget for out-of-pocket costs in the nascent online marketplace.
Plan sponsors can choose from three outside providers: Mesirow Financial, Morningstar Associates and Wilshire Associates.
As Towers Watson & Co. and Willis Group Holdings Plc head to the altar for an all-stock merger valued at $18 billion, their respective private exchanges could command the roles of best man and bridesmaid.
The merger of Willis and Towers Watson is likely just one of many to come in the next few years, as the Affordable Care Act and other factors continue to change the landscape of the business of health care, industry experts agree.
The DOL’s proposed definition of fiduciary advice remains worrisomely broad, according to financial and legal experts who are calling upon the industry to flood the DOL with letters of concern about the rule’s possible implications.
Willis, the world’s third-largest insurance broker, and risk adviser Towers Watson, agreed to an all-stock merger creating a firm with a combined market value of $18 billion.
The merger of Willis Group Holdings and Towers Watson announced this morning is indicative of the industry’s focus on offering more comprehensive services to a wider customer base, and experts agree it probably won’t be the last merger announced in the near future.
Organizations don’t necessarily focus on building engagement tools for team leaders, said consultant Marcus Buckingham during this week's SHRM conference, and, as a result, these tools are being developed for the wrong audience.
Simply making more employees eligible for overtime pay may not mean more workers will necessarily earn those benefits, benefits analysts suggest.
Although the Supreme Court upheld subsidies on the exchanges, there remain key aspects of the ACA that broker and employer lobbyist organizations continue to seek to amend and/or repeal.
Student loan debt and jobs that don’t offer 401(k) plans put added pressure on retirement savings for millennial workers.
Employers in the 51-100 employee size bracket are anxious about the prospect of being added to the “small group” market that under the Affordable Care Act currently cuts off at 50 employees (unless states opt to raise it).
Known as Explanation No 9, the document is to be used in conjunction with Form 8387, Worksheet 9 – Determination of Qualification and Form 8399, Deficiency Checksheet 9.
Plan sponsors’ loyalty to their retirement service providers is slightly down year-over-year, presenting an opportunity for advisers to advocate for their clients.
Women more likely than men to take advantage of workplace financial wellness programs, yet still experience more financial stress than men.
The landmark U.S. Supreme Court decision being cheered as a step toward equality is also poised to carry unintended consequences, including some that could make life harder for employees, gay and straight alike.