|
| Benefits and Administration |
| The TPA Landscape Is Changing |
| When describing the torrent of regulatory changes, shifts in consumer expectations, the pace of technology development and the race to the bottom on fees that is dramatically changing the third-party administrator (TPA) market, the words “overwhelming” and “relentless” seem appropriate. There have been a rash of third-party administrator (TPA) acquisitions recently, and TPAs are offering new services.Read more > |
| Financial Wellness Programs Critical to Avoid Lost Productivity |
| PwC says there is a great need for financial wellness programs, as 53% of employees feel financially stressed, and this costs employers with 10,000 workers $3.3 million a year in lost productivity.Read more > |
| MOSERS Announces Lump-Sum Offering for Certain Members |
| Pension risk transfer (PRT) moves are often reported for corporate defined benefit (DB) plan sponsors, but a state-sponsored pension plan has now announced the offering of a lump-sum window. This month, the Missouri State Employees Retirement System (MOSERS) will send letters to 17,000 former Missouri state employees who are eligible for a future monthly retirement benefit informing them of their option to cash out their future retirement annuity as a lump-sum payment now rather than wait until they reach retirement eligibility.Read more > |
|
| Products, Deals and People |
| Investment Products and Services Launches |
| Goldman Sachs launches new ETF; Betterment rolls out smart beta portfolio; and GRP partners with Envestnet to launch CIT suite.Read more > |
