Reducing the number of investment options available in retirement plans not only reduced risk, but also led to greater long-term savings of nearly $10,000 per participant, a study found.

The Secretary of Labor appointed 5 new members to the 2016 Advisory Council on Employee Welfare and Pension Benefit Plans and announced the chair and vice chair.

Consumer-driven health care is a trend gaining ground in the employee benefits industry.

The number of defined contribution participants with outstanding loans from their savings plan is still high compared to historical norms.