CHICAGO, Oct.28, 2021 / PRNewswire / – HUB International Limited (Hub), one of the world’s leading full-service insurance and financial services brokerage firms, announced that it has won the Multiple Employer Plan (MEP) contract for the National Association’s Pension Plan of Manufacturers (NAM) for its more than 14,400 member companies.Read More →
HUB Wins Retirement Plan for National Manufacturers Association Retirement Plan Tweet this According to a recent study, 83% of small and medium-sized businesses consider pension plan offerings essential to attract and retain employees, and 58% say benefits can help improve productivity in the workplace. As the industry continues to faceRead More →
RADNOR, Pa .– (COMMERCIAL THREAD)–Today, Lincoln Financial Group (NYSE: LNC) announced that it is improving its retirement plan options by launching a Common Employer Plan (PEP), OpenPEP, in conjunction with NPPG Plan Professionals, a subsidiary of National Professional Planning Group, Inc. (NPPG ) and Morningstar Investment Management LLC, a subsidiaryRead More →
The Department of Labor’s Employee Benefits Security Administration (EBSA) released a report showing that pension plans are increasing in all aspects: number of plans, members, assets, contributions and disbursements. Data is taken from the 5500 series reports for plan years ending in 2019, the most recent available. The information presentedRead More →
A growing number of people approaching retirement age are using real estate investing as a nest egg. Why is UK housing considered such a safe investment? According to a recent report by Paragon Bank. Real estate investment in the age group increased by 52% between June 2020 and June 2021,Read More →
Department of Labor Benefits Security Administration (EBSA) published a report this shows that pension plans are increasing in all aspects: number of plans, members, assets, contributions and disbursements. Data is taken from the 5500 series reports for plan years ending in 2019, the most recent available. The information presented includesRead More →
Asset allocation First on the list of risks to consider is the asset allocation in your portfolio. Since almost 90% of a portfolio’s long-term returns are determined by asset allocation, this important decision should take into account the asset allocation of your investment portfolio and your pension fund. . DoRead More →
The University of Tennessee at Knoxville will implement a voluntary retirement plan for faculty. It has the potential to free up nearly $ 50 million for the university. Provost and Senior Vice Chancellor John Zomchick announced the plan on Thursday at the UT System Board’s Finance and Administration Committee. TheRead More →
I know we are all tired of COVID-19, but given the current pandemic and increasing medical costs, it is more important than ever to ensure proper planning for medical expenses in retirement. Many financial plans ignore the day-to-day costs, let alone the potential for a financially catastrophic long-term care stay.Read More →
Empower Retirement, the second largest pension provider in the country1, added about $ 100 billion2 assets under administration (AUA) and 3,000 plans to its platform during the 12-month period ending September 30, 2021. Request for proposals activity over the past year has been higher than any previous year for allRead More →