Substituting a lump sum payment for delayed Social Security annuity payments provides an incentive for workers to voluntarily defer retirement with little or no reduction in lifetime welfare, according to a new research paper...
Over the past 12 to 18 months, two major life and annuity carriers have adopted cloud-based e-mail systems, a sign that the Internet cloud finally has begun its slow penetration of mammoth legacy systems...
With defined contribution (DC) plans serving as the de facto pillar of retirement financing for many private sector workers, the question for many plan sponsors and advisors is how to stretch these plans to provide for workers in their ever-lengthening retirements...
Health insurer WellPoint has been named one of the 2013 “Best Companies for Multicultural Women” by Working Mother magazine, and recently was featured in the 2013 Diversity Inc. Top 50 Companies for Diversity list...
Future growth opportunities for Genworth Financial, the life, mortgage and long-term care insurer, lie in selling life insurance to the middle market, long-term care insurance and the recovery of the housing market...
The “Massachusetts experiment” in health care reform shows the importance and value of federal tax breaks in providing incentives for businesses to offer employees coverage, according to health care policy experts...