FINANCE -
June 18, 2013
Pension Annuitization Attractiveness Rose in May
June 18, 2013 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer
Index increased considerably from May’s value of 85.81 to settle at 88.92 as of
June 1.
HR/BENEFITS -
June 18, 2013
Are You a Disfavored Worker?
June 18, 2013 (PLANSPONSOR.com) – Twenty-seven percent of bosses surveyed
by CareerBuilder have a current direct report that they would like to see leave
their company.
HR/BENEFITS -
June 18, 2013
Gen X Has Competing Financial Priorities
June
18, 2013 (PLANSPONSOR.com) – Generation X employees struggle the most when it
comes to saving for retirement, a survey by PwC indicates.
MARKETS -
June 18, 2013
Participants Actively Move to Equities in May
June 18, 2013 (PLANSPONSOR.com) - After reaching a low during the month
of April (0.024%), defined contribution plan participants’ daily transfer
volumes increased significantly in May, according to the Aon Hewitt 401(k)
Index.
MARKETS -
June 18, 2013
Mutual Funds, ETFs See Strong Inflows in May
June 18, 2013 (PLANSPONSOR.com) - The strong pace of inflows to mutual
funds and exchange-traded funds (ETFs) continued in May, bringing total net
intake for the first five months to about $350 billion.
HR/BENEFITS -
June 18, 2013
Security About Retirement Ticks Up
June 18, 2013 (PLANSPONSOR.com) – Overall, Americans are more secure than
one year ago about their ability to retire comfortably, a survey found.
HR/BENEFITS -
June 18, 2013
Canadian Boomers Concerned About Health Care in Retirement
June 18, 2013 (PLANSPONSOR.com) – As they approach retirement, Canada's
younger Boomers (ages 50 to 59) are focusing on health concerns more than
finances.
FINANCE -
June 18, 2013
Investors Add $38.6 Billion to Mutual Funds
June
18, 2013 (PLANSPONSOR.com) – Investors added another $38.6 billion to long-term
mutual funds in May, according to Morningstar, Inc.
HR/BENEFITS -
June 18, 2013
Are Your Participants Too Conservative?
June 18, 2013 (PLANSPONSOR.com) – Participants have a disconnect between portfolio allocations and their understanding of risk, according to a speaker at the (K)onvergence Summit in New York.
HR/BENEFITS -
June 18, 2013
PwC Projects Slowdown in Health Spending Growth
June 18, 2013 (PLANSPONSOR.com) – Health care inflation in the U.S. is
projected to dip to 6.5% in 2014, according to PwC's Health Research Institute
(HRI).
PRODUCTS -
June 18, 2013
Firms Release Managed IRA Service
June 18, 2013 (PLANSPONSOR.com) - Inspira and GuidedChoice released Pinnacle
IRA powered by GuidedChoice.
RULES/REGS -
June 17, 2013
Bill Would Expand HSAs, FSAs
June
17, 2013 (PLANSPONSOR.com) – The Family and Retirement Health Investment Act of
2013 has been presented to the U.S. Senate in an effort to strengthen and
expand health savings accounts (HSAs) and flexible spending arrangements (FSAs).
RULES/REGS -
June 17, 2013
Federal and Mass. Health Reform May Conflict
June
17, 2013 (PLANSPONSOR.com) – Differences between the Patient Protection and
Affordable Care Act (PPACA) and the Massachusetts health care law may affect
employers with Massachusetts employees.
HR/BENEFITS -
June 17, 2013
Companies to Continue Health Care Coverage
June
17, 2013 (PLANSPONSOR.com) – When the play-or-pay provision of the Affordable
Care Act (ACA) takes effect next year, most companies are opting to play.
PRODUCTS -
June 17, 2013
MainStay Launches Retirement Share Class
June 17, 2013 (PLANSPONSOR.com) - MainStay Investments, a New York Life
company, is now offering many of its mutual funds as a non-revenue share class
(R6 Shares).
PEOPLE -
June 17, 2013
Mercer Hires Health and Benefits Consultant
June 17, 2013 (PLANSPONSOR.com) - David Stacey recently joined Mercer’s
Dallas office as partner and senior consultant in its Health and Benefits
business.
HR/BENEFITS -
June 17, 2013
DC Plan Sponsors Looking to Change Investment Lineup
June 17, 2013 (PLANSPONSOR.com) – A new report signals imminent change
in the defined contribution (DC) investment marketplace.
PRODUCTS -
June 17, 2013
WMSI Expands Call Center Platform
June 17, 2013 (PLANSPONSOR.com) – WMSI has launched a new call center
platform with expanded capabilities.
HR/BENEFITS -
June 17, 2013
Higher Ed. Faculty In No Rush to Retire
June 17, 2013 (PLANSPONSOR.com) – Baby Boomer faculty at higher
education institutions say they will delay retirement or not retire at all.
HR/BENEFITS -
June 17, 2013
Holistic Retirement Programs Help Higher Ed. Staff Transition
June 17, 2013 (PLANSPONSOR.com) – As with all employment sectors, the
higher education sector finds employees are saying they will delay retirement.