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Plan sponsors globally are accelerating their plans to manage their pension risk and eventually transfer it to outside parties.

Despite a White House veto threat, the House on Thursday approved legislation that would amend a 28-year-old rule requiring flexible spending account users to forfeit their unused balances. The bill also lifts restrictions on using FSAs and health savings accounts for over-the-counter drugs.

Cynthia Weidner joins HighRoads as vice president of consulting, and Mitch Kleiman as vice president of corporate strategy.

Consulting veteran Chris Covill has been tapped to lead Aflac Benefits Solutions.

The separate subsidiary will focus on providing dedicated and specialized services to the nations largest brokerage firms.

A new in-depth survey on the state of pharmacy benefit management finds most sponsors are looking at a number of ways to control costs, but few have considered dropping coverage entirely.

Unemployment across Illinois inched lower in April, the eighth consecutive monthly decrease, but job growth all but stalled, according to a report from the state Department of Employment Security released Thursday.

The global benefits administrator's new tool is designed to help 401(k) participants "fix" their retirement plans.