| | Benefits & Administration | | Study Finds ‘Secrets’ to Retiring Early | | According to Allianz’s survey of 4,500
Americans, more than one in four (26%) of the 3,449 currently employed
respondents said they intend to retire before they reach age 65. Among these,
76% are currently married, and 77% are still in their first marriage. Compared
with respondents who said they plan never to retire, many looking to retire
early reported that they and their significant other share a similar,
“practical” approach to money matters.Read more > | | Rhode Island Treasurer Seth Magaziner announced
a proposal to increase transparency of the state’s pension fund. The
International Business Times reports that, under the proposal, Rhode Island will
disclose the full range of fees and expenses it pays to investment managers and
will fully disclose those managers’ performance. The proposal would not only
mandate full disclosure of fees, expenses and fund-level performance, but also
liquidity restrictions fund managers place on investors wanting to redeem their
funds.Read more > | | More Employers Using Holistic Wellness Programs | | The Virgin Pulse and Workforce “The Business of
Healthy Employees” survey found that, more than ever, employers are taking a
more holistic approach with their workplace well-being programs. Seventy-eight
percent of employers are expanding beyond physical wellness to include broader
well-being areas like financial wellness, mental health, and more (up 6% from
last year). Eighty-three percent of executives surveyed say they place
improving employee well-being at the top of 2015 priorities.Read more > | | | Products, Deals & People | | MassMutual has appointed Michele Baldasarre as
vice president of Institutional Markets to lead relationship management for the
firm’s large retirement plan sponsors. Baldasarre’s team will serve
corporations, government entities, Taft-Hartley or labor unions, and nonprofit
organizations.Read more > |
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