- The Rebound
Earnings, China's GDP better than expected
Markets closed out the holiday-shortened week on an upbeat note, with the S&P 500 posting its best week since July. For the week, the S&P 500 gained 2.71%, the Dow grew 2.38%, and the Nasdaq rose 2.39%. read more
- Health care reform spurs move to defined contribution benefits model
Employees take control of their benefit selections, creating an opportunity for voluntary benefits
Employees take control of their benefit selections, creating an opportunity for voluntary benefits NEWARK, N.J. — Full implementation of the Affordable Care Act by 2015 is prompting employers to rethink the way they offer benefits, with many increasingly eyeing a transition to defined contribution (DC) benefit models. According to Group Benefits and ...
- How to Navigate the New Global Economy
Understanding the interconnections that make our money work
At times, the economy seems like a Times Square billboard with news headlines flashing in random patterns. Consider the disparate messages we hear regularly: Consumer spending is up. The value of the Chinese currency is artificially high. The stock market is down. The Federal Reserve is lowering interest rates. read more
- Survey Says: Leaner Waistlines, Lighter Wallet
A record number will save or invest their tax refund this year
American workers view themselves as more physically fit (57 percent) than financially fit (28 percent), according to new research from the Principal Financial Well-Being IndexSM: American Workers. While employees report lagging financial health, the vast majority (84 percent) recognize maintaining physical health is an investment in their financial future. read more
- Seven-Year Itch: Is CLO Scrutiny Deserved?
Understanding what it takes to kill a market...
Collateralized loan obligations (CLOs), the securitization of bank loans to non-investment-grade companies, are on pace this year to match or exceed the record issuance levels of $91 billion in 2007. The resurgence of the CLO market is attracting a great deal of attention, particularly from regulators concerned that Wall Street’s memory of what precipitated the financial crisis is short and that history may repeat itself. read more
- The 3 Major Sins of Sales Management
CEOs should be aware of how they're using key people
It’s a simple fact of business: Without sales, no one else downstream can do their jobs, says veteran sales manager and business speaker Jack Daly. Because of how vital sales are to a company, CEOs frequently tend to misuse their best people, he says. read more
- All About the Benefits…
Study from Transamerica Finds Employees Favor Companies that Offer Voluntary Benefits
In today’s fast-changing health care landscape, voluntary products are changing the employee benefits game. 65 percent of employees say it is important that their employer offer these products. read more
- “Reference” Points: Using the DC Concept for Health Benefits
by Nevin Adams, EBRI
We started setting money aside for our children’s college education relatively early, but as they began actually considering their options, it was clear that our savings wouldn’t be enough to cover the expense at some of the schools on their lists. Moreover, while all three wouldn’t all be in college at the same time, there was enough overlap to make it “complicated.” read more
- Long-Term Care Crisis Prompts More Aggressive Collection Tactics
Protecting Your Family from “Filial” Support Laws
Most people do not understand filial support laws, which are spreading to more states – 28 and counting, says insurance industry expert Chris Orestis.
“We’re living longer, but for many of us, that also means we’ll require some type of long-term health care at some point,” says Orestis, a longtime industry insider and author of “Help on the Way,” (http://ebook.lifecarefunding.com/), which explains the problem of funding long-term care and offers solutions. read more
- How’s Your Market Power?
A question every company should ask: “Are we getting what we want from our marketing?”
by John Graham
The only way to find out if your marketing is performing the way you want is to doubt everything you’re doing. Instead of guessing, jumping from one initiative to another, hoping for the best, or taking advice without knowing how to evaluate it, start at the beginning by questioning your assumptions, your expectations, your personal preferences, and, particularly, your perceptions of what marketing should do for the company. read more
- Millennials Go Old-School When managing Money
18-29 year olds are patient, disciplined and risk-averse with their money...just like their grandparents
It's not just beards, butchers and bicycles that Generation Y – or "Millennials" – are bringing back. The youngest adults in America, aged 18-29, are also showing signs that they're old souls in the way they manage their money. read more
- ‘If I could only get around to it’
Your clients, and prospects, are waiting...
A common device of motivational speakers is to point out the reasons big things in our lives don't get accomplished. The usual lament is "If I could only get around to it." read more