| Benefits & Administration | Pension Plans Focused on Improvement | Pension funds’ mission to deliver optimal outcomes over the long term continues to be tested by historically low interest rates, booming retiree populations and increased life expectancies, as well as unprecedented market volatility, State Street Corporation notes in a new research report. The report, “Pensions with Purpose: Meeting the Retirement Challenge,” reveals pension plan sponsors are taking action in governance, efficiency, long-term investing, risk management and talent development to ensure successful outcomes for retirement plan participants over the next three years.Read more > | HSAs Are Growing Savings Vehicles | The number of health savings account (HSA) accounts rose to 16.7 million, holding nearly $30.2 billion in assets, a year-over-year increase of 25% for HSA assets and 22% for the number of accounts for the period of December 31, 2014 to December 31, 2015, according to data from Devenir.Read more > |
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