Six investor advocacy groups are opposing CITs in 403(b)s because some plans are not governed by ERISA, so eliminating SEC’s regulatory oversight is detrimental, in a letter to the Senate committee.
Brokers and benefits consultants play an important role in helping their clients provide critical resources, including information, counseling and support.
The voluntary benefits marketplace has evolved into a sophisticated, integrated solution, requiring employers to offer more personalized, comprehensive, and data-driven benefits packages that appeal to a diverse workforce and increase participation and utilization.
Encouraging the use of wellness tools that put the power to manage goals and find resources in the hands of employees can help them manage stress and budgeting.
Following Trump's election victory, significant policy shifts are expected in Washington, which will likely lead to more legal battles and regulatory uncertainty.
President-elect Donald Trump has nominated former independent presidential candidate RFK Jr. to lead the Department of Health and Human Services, which now will require Senate confirmation.
The push and pull between customization and privacy presents a puzzle and an opportunity for benefits advisors who want to go beyond having a transactional relationship with their clients and become trusted advisors.