The cost of medical care for people in employer-sponsored health plans rose at an annualized rate of 3.8 percent in the first quarter of 2011, according to the Thomson Reuters Healthcare Spending Index for Private Insurance.
Total money market mutual fund assets increased by $3.93 billion to $2.687 trillion for the week ended Wednesday, July 6, the Investment Company Institute reports
What's the bottom line? For many employers, that is the single biggest question they have regarding pharmacy benefit plans. It's not always an easy question to answer.
Unum Group announced Wednesday that Jon S. Fossel, 69, is retiring as non-executive chairman of the board of directors. William J. Ryan has been named non-executive chairman of the board of directors, succeeding Fossel. The transition will take effect on Sept. 30, when Fossel marks five years of service as...
The combined assets of the nation’s mutual funds decreased by $70.7 billion, or 0.6 percent, to $12.403 trillion in May, according to the Investment Company Institute’s official survey of the mutual fund industry.
Over the last 12 months, the U.S. Department of Labor and the Securities and Exchange Commission proposed several rules, regulations and legislation that will soon change retirement planning for allinvestment companies, employers and investors.
Many target date funds are too aggressive in their exposure to stocks, putting investors at risk for market downturns after retirement, when they can least afford it, warned Putnam Investments executives Tuesday at a retirement panel talk in New York.