- U.S. PRT Market Expected To Close $27 Billion In Q3, Second Largest Quarter On Record
2022 expected to be largest year ever for U.S. PRT Market
Legal & General Retirement America (LGRA), a leading provider of pension risk solutions in the U.S., today released its Q3 Pension Risk Transfer Monitor.
read more - The Human Side Of Benefits
Employee burnout is on par with levels at the height of the COVID-19 pandemic; job performance impacted
Due to continued COVID-19 concerns, a sluggish economy and the fear of a potential recession, there is a critical need for mental health care and resources to support employees, according to the nationally representative 12th annual Aflac WorkForces Report.
read more - Amid The War For Talent, Don’t Forget The Retirement Plan
A workplace retirement plan is just as important for employee retention as a competitive salary and flexible work arrangements
Voya Financial, Inc. (NYSE: VOYA), is releasing new findings from a consumer research survey revealing that, while the broad scope of workplace benefits and savings offerings for employees continues to evolve, the employer-sponsored retirement plan remains a critical component to attracting and retaining talent.
read more - Life Settlements ‘Attracting Growing Institutional Investment’
83% of professional investors predict growth with life insurance policies lapsing or being surrendered boosting supply
The life settlements asset class is set to see growing institutional investment attracted by its stability of returns and safety as supply of policies continues to rise, new research* from international asset management company Managing Partners Group (MPG) shows.
read more - Employer Support For Financial Inclusion Differs By Job Sector
Global Financial Inclusion Index shows opportunity for greater employer support across industries, as well as among smaller businesses
The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index (Index) – driven largely by the financial system and employers’ support of individuals.
read more - Voluntary Benefit Insights
A snapshot of the 2022 Open Enrollment Period
Over the course of the COVID-19 pandemic, Voya has been gathering consumer insights about how Americans are feeling about their personal finances and other workplace benefits and savings topics.
read more - Diversity, Equity & Inclusion
A mission to be proud of
National governments and global policymakers are increasingly prioritizing diversity, equity and inclusion (DEI) as important aspects of the second and third elements that make up environmental, social and governance (ESG) issues. Commitments to DEI are ultimately about progress and accountability, and they also demonstrate to policymakers the many benefits insurance products bring to national economies…
read more - Taking The Pulse Of Employee Benefit Choices
Majority of women want paid parental leave, not the 4-day work week
Obviously, work has changed dramatically in the last 2.5 years. The pandemic ushered in remote work, which ushered in new employee priorities. We started building work around life, not vice versa. When some workers still weren't getting this life/work balance, they quit en masse as part of "The Great Resignation."
read more - Canadian Pension Plan Returns Advanced In Q3 2022 Amid Volatile Markets
The median Canadian Pension Plan returned 0.76% for the quarter and -14.75% year to date as of September 30, 2022
Canadian Pension plan investments witnessed modest gains during the third quarter as both stock and bond markets responded to the magnitude and pace of interest rate hikes around the globe, according to the Northern Trust Canada Universe.
read more - More Advisors Want Customized Model Portfolios
Tax optimization and investment vehicle substitution are top demands
As model portfolios continue to gain traction among financial advisors—the size of the model target segment increased to $8.0 trillion in 2021, up from $7.2 trillion in 2020—demands from broker/dealer (B/D) home offices and individual registered investment advisor (RIA) practices for customized products are beginning to increase.
read more - Canadian Pension Plan Returns Advanced In Q3 2022 Amid Volatile Markets
The median Canadian Pension Plan returned 0.76% for the quarter and -14.75% year to date as of September 30, 2022
Canadian Pension plan investments witnessed modest gains during the third quarter as both stock and bond markets responded to the magnitude and pace of interest rate hikes around the globe, according to the Northern Trust Canada Universe.
read more - The Employee Hierarchy Of Needs For A Human-Centered Workplace
How can benefits evolve to support a new, more human-centered workplace?
by Emily Smith Cardineau
Almost three years into the pandemic and the world is still reeling from the aftermath, grappling now with its economic aftershocks. Inflation, a housing crisis, a bear market, a looming recession, and a workplace and workforce that is still very much in flux are all making a so-called “return to normal” remain evermore elusive.
read more - Retirement Resources And The Generational Gap
Millennials and Gen Z take advantage of broader range of retirement resources than previous generations
Young workers are relying on more than their 401(k)s to save for retirement as other types of investments play a greater role in their long-term wealth plans, according to the annual nationwide survey of 401(k) plan participants from Schwab Retirement Plan Services.
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