Benefits

  • Americans Opt For Fun In The Sun With Well-Being On The Back Burner
    Americans Opt For Fun In The Sun With Well-Being On The Back Burner

    As summer approaches, a quarter of Americans think they will spend more this summer than last summer

    Americans’ bags are packed for summer vacation, whether or not their wallets can spare it, according to the latest Consumer Spending & Saving Index from MassMutual.
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  • Milliman Public Pension Funding Index
    Milliman Public Pension Funding Index

    Public pension funded ratio slips to 77.6% in April after market declines

    Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans.
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  • 401(k) Managed Accounts: A Value Proposition Lost In Translation
    401(k) Managed Accounts: A Value Proposition Lost In Translation

    401(k) managed account investors more confident in retirement investment strategy than non-advice users

    As the retirement industry continues its transition away from the defined benefit system, the onus is increasingly placed on individual plan participants to educate themselves and implement an appropriate retirement investment and income strategy.
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  • OCIOs Seek Additional Guidance From Latest GIPS Draft Guidelines
    OCIOs Seek Additional Guidance From Latest GIPS Draft Guidelines

    Questions remain around asset class classification, legacy assets

    While nearly all outsourced chief investment officer (OCIO) providers and search consultants agree there is significant need for industry guidelines, debate remains as to whether new draft Global Investment Performance Standards (GIPS) guidelines released in 3Q 2023 are clear enough regarding asset class classification and the treatment of legacy assets.
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  • Life Insurance Sales Dip Slightly In First Quarter 2024
    Life Insurance Sales Dip Slightly In First Quarter 2024

    Total life insurance new premium was $3.76 billion in the first quarter, down 1%

    Total U.S. individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey.
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  • Pension Risk Transfer Activity Soars As More Plan Sponsors Seek To Derisk
    Pension Risk Transfer Activity Soars As More Plan Sponsors Seek To Derisk

    Strategic asset managers poised to gain corporate DB assets amid inflation, rising interest rates

    The pension risk transfer (PRT) market has expanded significantly over the past decade, hitting record-high volume in 2023. A combination of regulatory changes, rising interest rates, and improved funding statuses are allowing defined benefit (DB) plans to derisk and pursue PRT transactions.
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  • U.S. Workers Facing Increasing Mental Health Challenges
    U.S. Workers Facing Increasing Mental Health Challenges

    Employees looking to employers for help coping

    Coming out of the pandemic, more workers are experiencing mental health challenges including anxiety, difficulty managing stress, depression, relationship or family conflicts, grief or loss, alcohol or substance abuse, thoughts of suicide or other mental health conditions.
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  • The Convergence Of Stress & Finances
    The Convergence Of Stress & Finances

    During Mental Health Awareness Month, new research shows finances as a concern for 85% of stressed workers

    This Mental Health Awareness Month, Lincoln Financial Group (NYSE:LNC) announced results from a year-long survey showing the significant impact of finances on stress.
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  • 2024 Wellness Barometer
    2024 Wellness Barometer

    86% of Gen Z workers are stressed about their finances reporting over 8 hours a week in lost productivity

    BrightPlan, a leader in Total Financial Wellness, today announced the results of its 2024 Wellness Barometer Survey on the state of workforce well-being.
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  • Retirement Investors — Behaviors, Attitudes, And Financial Situations
    Retirement Investors — Behaviors, Attitudes, And Financial Situations

    Future retirees face a different reality and increasingly look to annuities for financial security

    Over the past several years, there has been a great deal of attention focused on the huge number of Baby Boomers retiring. More than 11,000 Americans are turning 65 each day — equating to over 4 million a year.
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  • What Do Women Think About Retirement?
    What Do Women Think About Retirement?

    80 percent of U.S. women say the nation faces a retirement crisis

    Eighty percent of working age American women believe that the U.S. faces a retirement crisis, and 78 percent say the typical worker just can't save enough on their own to guarantee a secure retirement according to a new research infographic from the National Institute on Retirement Security (NIRS).
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  • Strong Year For U.S. Workplace Benefits Sales In 2023
    Strong Year For U.S. Workplace Benefits Sales In 2023

    U.S. Workplace life insurance new premium was up 6% over prior year results

    New annualized premium for workplace life insurance, disability insurance and supplemental health products posted solid gains for the year, according to LIMRA’s workplace benefits sales surveys.
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  • Milliman Pension Buyout Index
    Milliman Pension Buyout Index

    Competitive pension risk transfer costs decreases from 102.1% to 100.3% in March

    Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
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