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February 24, 2010

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DOL creates Web page on 403(b) compliance

The Department of Labor launched a new Web page that focuses on compliance and reporting guidance for 403(b) retirement plans. The online page also includes a new Field Assistance Bulletin.

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Employees’ ideas shouldn’t fall on deaf ears

Some employees don’t believe that talk is cheap. Nearly 30% of employees report that they offer more than 20 suggestions every year to their employers, reports Right Management, a talent and career management firm.

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More 401(k) plan sponsors are dissatisfied with their recordkeepers

Among sponsors of 401(k) plans, overall satisfaction with their recordkeepers is down 30% to 40% across all markets, according to 401kExchange.

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Podcast: HITECH's impact on benefit brokers and advisers

The new HITECH law expands HIPAA's health privacy rules, creating several responsibilities and penalties that apply to benefit brokers and advisers.

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Single-platform suite rolled out to Unum reps

Unum is seeking to improve operational efficiencies for more than 1,000 of its nationwide customer-service representatives, 40% of whom work from home, with the recent rollout of out a single-platform software suite.

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Editor: Lydell C. Bridgeford

Associate Editor: Kathleen Koster

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