Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 3rd, 2015
Benefits & Administration
Employers Unprepared for Post-ACA Reform
“Preparing for a post-health care reform era” is a vital benefits objective, say 61% of plan sponsors surveyed in the Guardian Workplace Benefits Study, but just four in 10 feel prepared to meet it. As employers face this myriad of reforms and regulations, 60% admit they need help managing the ACA terrain, with three trends—increased outsourcing, reliance on private exchanges, and consideration of self-insurance—gaining momentum. Read more >
Americans Share Financial Regrets
Although 59% of Americans set a goal to save for retirement in 2015, only 31% are doing so, according to a new survey of 1,000 people with investable assets between $50,000 and $250,000 conducted by Bank of America and Merrill Edge. Thirty-six percent of respondents said they wish they had stuck to a budget in the past five years. While 51% set a goal to pay down debt in 2015, only 38% accomplished this.Read more >