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Benefits & Administration |
Small Pension Plan Sponsors Embrace PRT Transactions |
Nearly 85% of pension plans paying Pension Benefit Guaranty Corporation (PBGC) premiums have less than 1,000 participants—so it only makes sense that small plans make up a significant proportion of the Employee Retirement Income Security Act (ERISA) industry’s annual risk transfer business. Read more > |
Wellbeing Focus Not Just Cost But Improving Productivity |
Companies are rounding out their wellbeing offerings, particularly recognizing the negative effects of poor financial wellbeing, with two-thirds seeing lowered productivity as a direct impact, and half citing increased absence from work due to financial distractions, a study finds. Read more > |