Benefits Manager

Does it need an overhaul? Along with benefit plan amendment deadlines and implementation requirements, the turning of the calendar is a good time to reassess if benefits are robust enough to recruit and retain the best talent.

The drugstore chain is making big moves as it seeks to stabilize its retail pharmacy business – part of a long-term growth strategy, after spending nearly $20 billion to acquire Signify Health and Oak Street Health this year.

PEPs are a compelling option for employers and advisors seeking efficient, cost-effective recordkeeping solutions – and by entering a PEP, the employer reduces its fiduciary responsibilities.

Of those anticipating this growth, 42% believe their own revenue growth will exceed 20%.

Most of the new retirement legislation's 92 provisions will kick in for plan sponsors in 2024 and beyond – meaning many companies relying on Excel and similar legacy software are at a crossroads.

Making the decision to divert from a traditional health plan to a RBP plan is not for every firm: Good communications - and how well an employer uses their "concierge"- are the key to success, according to Imagine360 experts.

"Driven by the ever-increasing march of automation, the working week has evolved from six or even seven days a week in the early 1800s to today's 40-hour, five-day week," said Josh Bersin.

Several justices wrestled with the $6 billion bankruptcy plan for OxyContin maker Purdue Pharma that would shield the Sackler family, who own the company, from civil lawsuits over the toll of the opioid epidemic.