Financial Wellness Programs Boost Engagement and Loyalty
84% of employees describe financial wellness programs (e.g., planning, education, workshops, tools) as benefit offerings they want or need.
Tag: HR
Retirement Industry People Moves
Large Employers Revamping Health Care Cost Reduction Strategies
Employers expect the cost of offering health care services to increase for the fifth consecutive year, according to the Large Employers’ 2018 Health Care Strategy and Plan Design Survey.
David L. Musto to Lead Ascensus
As part of its expansion efforts, Ascensus has named a new president and pledged to continue its rapid pace of acquisitions.
401(k) Mutual Fund Fees Continue Downward Slope
The average price to invest in mutual funds through 401(k)s has been dropping since 2000, according to research by ICI.
Americans Get an 'F' on Retirement Planning
A majority of people believe they have plenty of knowledge about retirement planning, but only 33% of these people passed a quiz on ways to make their nest eggs last.
Lifetime Income Disclosure Act Reaches Congress
The bill would require employers to help participants understand how their savings would translate to lifetime income.
Legacy Offering Free 401(k) Management Program to Employers
At an additional cost, the program is also provided to employees and would be tailored to each individual’s goals and objectives.
ForUsAll Launches 401(k) Cost Estimator
The free tool allows employers to compare the various costs that go into running a 401(k) plan, including fees for recordkeeping, administrative and custodial services.
Prudential Aims to Gauge Retirement Plan ROI
The tool gathers millions of data points to determine participant actions and identify plan-design flaws, while offering solutions.
Appo Group Solution Streamlines Participant Communication
The new solution aims to cut costs and reduce compliance risks by integrating the creation, delivery and management of multimedia communication materials through one platform.
Employees Would Welcome Student Loan Repayment Benefits
Nearly two-thirds (65.4%) of employees reported difficulty in paying student loan debt, a survey found.
The Right Integration of Benefits Can Boost Employee Financial Protection
Prudential Financial is offering a guide for optimizing employee benefits programs.
Paper or Web: Which Enrollment Process Should Employers Use?
There’s a disconnect in how employers think employees want to enroll in benefits and how employees actually want to enroll.
Research Reveals Benefits Best Practices for Multinational Companies
Aon Hewitt and American Benefits Institute discovered that only 20% of multinational firms surveyed are leading the way as “best practice” organizations.
A Combination of Benefits/Perks Drives Overall Employee Well-Being
Those with poor well-being self-reported, on average, that they are only working at 64% of their maximum output.
Natixis Enhances Employee Student Loan Benefit
The firm introduced the benefit after its own survey found Gen X and Millennial workers delay saving for retirement because of student loan debt.
LGBT Employees Reevaluating Workplace Benefits
However, 50% of all LGBT employees and nearly 40% of those who are married or in a domestic partnership are not aware of ways in which last year’s marriage equality ruling affects their benefits, a Lincoln Financial Group study found.
A Plan Sponsor Offers a Student Loan Repayment Benefit
The problem of student loan debt was in the news and a subject of conversation among his company’s own employees, says Scott Francis, CEO of BP-3.
That CEO Request May Not Be from the CEO
The IRS has issued an alert about a phishing scheme involving W-2s.