BenefitsPRO: Employee Benefits News, Trends & Sales Tips

Why is IBM transferring billions to an annuity? The surge in pension risk transfers, explained

By Lynn Cavanaugh

IBM has recently entered into a $6 billion pension risk transfer agreement with Prudential, as the retirement industry evolves from pension plans to 401(k) plans and PRTs firm allow firms to offoad the burdensome administration of allocating pension plans.

Read Story

Market Insights

Employees hide their political beliefs at work, study finds

Market Insights

New report: Employers prioritize career wellbeing to drive engagement

Recommended Just For You

Market Insights Stories

September 12, 2024

Low earners might be more reluctant to switch jobs, new study finds

During the COVID-19 pandemic, however, low-wealth workers who would typically be more reluctant to seek out new jobs actually did the opposite.

Read

September 10, 2024

Novo Nordisk files patent claims to fend off generic rivals

Sun Pharma of India and Mylan Pharmaceuticals of West Virginia seek FDA approval of generic versions of the popular weight-loss drug. Novo Nordisk says the efforts infringe on its patent.

Read

September 10, 2024

Open enrollment might look different this year, with new AI enhancements

Eighty-five percent of companies either currently use or plan to implement HIPAA-compliant AI features in their consumer directed healthcare accounts.

Read

September 10, 2024

Lack of education creates AI disconnect in the workplace

Less than one-quarter of employees indicated they feel completely educated and trained on AI.

Read

September 09, 2024

After 50 years of milestones, the retirement industry is bracing for yet more innovation

Just like auto enrollment and the default selection of target-date funds, the adoption of auto portability was given a push by SECURE 2.0 and the upcoming Saver's Match Program will allow low-income workers to save even more for retirement.

Read

September 05, 2024

Sweeping changes in employment continue amidst an election year

The U.S. Chamber of Commerce reports that there are still approximately 1.7 million workers missing from the post-pandemic workforce.

Read

August 30, 2024

Employers turning to direct contracting amid rising health care costs

Employers generally turn to direct contracting expecting lower costs, shared savings, and easy implementation. Most respondents reported expecting savings between 6% to 20%.

Read

‹ ‹ PREV 54 55 56 ... 210 › NEXT ›

Market Insights

Top Market Insights Stories

Why is IBM transferring billions to an annuity? The surge in pension risk transfers, explained

Employees hide their political beliefs at work, study finds

New report: Employers prioritize career wellbeing to drive engagement

Recommended Just For You

Market Insights Stories

Low earners might be more reluctant to switch jobs, new study finds

Novo Nordisk files patent claims to fend off generic rivals

Open enrollment might look different this year, with new AI enhancements

Lack of education creates AI disconnect in the workplace

After 50 years of milestones, the retirement industry is bracing for yet more innovation

Sweeping changes in employment continue amidst an election year

Employers turning to direct contracting amid rising health care costs