Benefits

  • Codifying Retirement Readiness
    Codifying Retirement Readiness

    Prudential Retirement calls on the workplace to support savings at every life stage

    Congress is making it easier for more workers to save for retirement and create lifetime income. As America Saves Week kicks off on Feb. 24, Prudential Financial, Inc. (NYSE: PRU) is supporting our government’s call for retirement readiness by amplifying the role of the workplace in financial wellness.
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  • Key Provisions of SECURE Act Projected to Reduce Retirement Deficit by More Than $100 Billion
    Key Provisions of SECURE Act Projected to Reduce Retirement Deficit by More Than $100 Billion

     Good news for workers currently aged 35-39

    A new EBRI study finds that key provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) could reduce the U.S. retirement deficit by 3 percent or $115 billion for households between ages 35 and 64.
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  • Debt, Saving & Taxes
    Debt, Saving & Taxes

    Can employers play a role in the management of student loan repayment?

    More Americans say employers have a role in paying off student loans than providing for retirement in a new consumer mindset report by Hearts & Wallets. The Attitudes & Sentiment: Consumer Beliefs to Guide Strategic Decisions and New Product Development report examines consumer goals, sentiments, concerns and attitudes toward saving and investing.
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  • New Decade Promises Expansion and Diversification of Voluntary Benefits
    New Decade Promises Expansion and Diversification of Voluntary Benefits

    In a competitive labor market, benefits become the great equalizer

    The voluntary benefit industry is poised for accelerated expansion and increased adoption over the next decade as talent attraction and retention continue to be top priorities for employers, according to Trey Loughran, chief executive officer of Purchasing Power®, a voluntary benefit company that offers the leading employee purchase program.
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  • Unum Enhances Distribution Model to Better Serve Small Business Market
    Unum Enhances Distribution Model to Better Serve Small Business Market

    Advances the 'Small Business Consultant' Role

    Employee benefits provider Unum (NYSE: UNM) today announced  enhancements to its distribution model that will provide additional support to brokers and customers in the small business market. This multi-phased approach begins this quarter and will roll-out nationally throughout 2020.
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  • Moody’s – Coronavirus Outbreak Could Increase Demand But Disrupt Supply For US Healthcare Companies
    Moody’s – Coronavirus Outbreak Could Increase Demand But Disrupt Supply For US Healthcare Companies

    While the primary is focus on the human risk, market is leery of reverberations

    Spread of the coronavirus in China and beyond would have mixed credit implications for US healthcare companies, Moody's Investors Service says in a new report.
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  • Hedge Fund Industry Pivots towards ESG Investing
    Hedge Fund Industry Pivots towards ESG Investing

    Is the traditional risk-reward equation being rewritten?

    An increasing number of institutional investors are requiring their hedge fund managers to incorporate environmental, social and governance (ESG) factors in the course of their investment activities. Such investors now see ESG investing as serving their own long-term interest as much as those of wider society.
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  • Most Execs Expect 2020 To Be Equally Or More Profitable…
    Most Execs Expect 2020 To Be Equally Or More Profitable…

    ... Still, the biggest concern for most is an economic slowdown

    Business leaders remain bullish about their businesses on several levels for 2020, including overall profitability. But they also have a real fear of a possible economic slowdown.
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  • Will New HealthCare Reimbursement Accounts Revolutionize The Group market?
    Will New HealthCare Reimbursement Accounts Revolutionize The Group market?

    Five things to know about ICHRA – health care’s latest acronym

    by John Barkett

    This year, employers will have a new option for providing employees access to health insurance — an individual coverage health reimbursement arrangement, also known as ICHRA (pronounced ‘ick-ra’). And while it’s been on the horizon since 2017, the final rule published in June 2019 now has employers wanting more information on what it could mean…
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  • How Individual Coverage Health Reimbursement Arrangements Put Healthcare In The Hands Of Employees
    How Individual Coverage Health Reimbursement Arrangements Put Healthcare In The Hands Of Employees

    Willis Towers Watson introduces suite of services in support of ICHRAs

    Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, announced today that they now offer individual coverage health reimbursement arrangement (ICHRA) solutions to existing and new employer clients through their employee Health Benefits Consulting and Administration businesses.
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  • MassMutual & CommonBond Launch Student Debt Refinancing to 2.6 Million People
    MassMutual & CommonBond Launch Student Debt Refinancing to 2.6 Million People

    MassMutual’s workplace offering, MapMyFinances, to offer student loan solutions from CommonBond

    For millions of Americans looking to tackle student debt this year, Massachusetts Mutual Life Insurance Company (MassMutual®) is offering student loan refinancing through the workplace.
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  • Shaping Public Policy On Risk
    Shaping Public Policy On Risk

    Academy of Actuaries highlights risks and reform options for Social Security, Medicare

    Leading up to Tuesday’s 2020 State of the Union message, the American Academy of Actuaries is highlighting the need for public policymakers to address significant financial risks and challenges facing federal programs such as Social Security, Medicare, as well as the National Flood Insurance Program (NFIP).
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  • New Variables in the Current Population Survey Lead to Improved Estimates of Retirement Plan Participation
    New Variables in the Current Population Survey Lead to Improved Estimates of Retirement Plan Participation

    Representing the most current data on retirement plan participation on a worker-level basis.

    A new study from EBRI demonstrates the impact of new variables in the Current Population Survey (CPS) on the estimates of the percentage of workers who participate in an employment-based retirement plan. Prior EBRI publications on the CPS pointed out the reduced reliability of the CPS estimates after the survey redesign in 2014.
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