The high cost of health care drove the vast majority of strategies in the benefits space, as pharmacy benefit managers found themselves in the headlines far too often this year, as the high costs of drugs (and weight loss drugs, in particular) were a hot topic.
Seattle-based Weyerhaeuser Company employees filed a class action lawsuit over the transfer of plan assets to Athene Annuity & Life Assurance, alleging a breach of fiduciary duty, according to law firm Schlichter Bogard.
Offering employees one-on-one access to financial professionals as part of their plan can help women employees get retirement guidance that they might not otherwise pursue, according to Corebridge Financial.