Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 22nd, 2016
Benefits & Administration
Employers ‘Doing All They Can’ to Rein in Benefits Costs
Nearly two-thirds (65%) of small and mid-sized employers believe they are doing all they can to rein in rising health benefits costs, a survey by Hub International Limited (HUB) finds. However, many are missing opportunities to leverage proven cost management strategies, according to HUB.Read more >
Retirement Readiness an Increasing Concern of Employers
Retirement plan sponsors are increasingly becoming aware of the need for their participants to be adequately prepared to retire in a timely manner, a Willis Towers Watson survey found. Among employers that offer both a defined contribution (DC) and a defined benefit (DB) plan, 39% view their employees’ retirement readiness as a current business risk, and 44% project that it will be a risk within two years.Read more >