
Addressing Total Benefits Requires Multiple Perspectives
As plan advisers become more involved in the total benefits experience, they should seek out an employee benefits broker, said experts at the PLANADVSER National Conference.

Retirement Industry People Moves
Newfront hires Lumban as retirement plan consultant; Vestwell selects new VP; PGIM hires Adler as private alternatives CEO and president; and more.

The Mental Health Benefits Push
Employee benefit providers are seeing demand for mental health programs to supplement retirement saving and financial wellness offerings.

WTW: Employers Ramping Up Nonqualified Saving Options to Draw Key Execs
75% of employers made changes or plan to make improvements to their nonqualified deferred compensation plans, according to a survey.

Millennium Trust to Rebrand as Inspira Financial
The rebranding comes after acquisitions including the purchase of CVS’s Payflex, which brought more employer-based solutions to the trust and custody provider.

Adviser Product Partnerships
Asure taps Vestwell to offer clients 401(k) benefit; NFP hires Ascend for insurance billing platform; NAIC and U.S. Bancorp partner to increase diversity among alternative asset managers; and more.

Investment Product and Service Launches
Alight enhances work benefits platform; Midland updates fixed indexed annuities geared toward retirement income; Allianz launches buffered ETFs to guard against investment risk.

Stumbling Blocks for 401(k) Startups

Twitter Hit With $500M Suit for Unpaid Severance
The proposed class action alleges Elon Musk promised to abide by the firm’s severance plan but did not follow through.

Investment Product and Service Launches
Aptus Capital Advisors Launches New Enhanced Yield ETF; MetLife and Lyra Health Expand Workplace Mental Health Access; Alight Expands Global Employee Benefits Solution.

Labor Demand Outweighing Recession Fears for SMBs
Business confidence is down among small employers. But 401(k) and other benefits are likely to remain amid long-lasting tight labor market, according to CBIZ.

Why 401(k) Advising Alone Isn’t Enough
Retirement plan advisers must speak to a plan sponsor’s full employee experience to compete in the current marketplace, according to an adviser panel.

Social Security Trust Fund May Fall Short One Year Earlier Than Expected
Social Security's largest trust fund may be depleted in 2034, one year earlier than previously estimated, according to its Board of Trustees.

Employers Working to Address Growing Concerns for Emergency Saving
HR leaders are struggling to manage the array of employee stressors related to a lack of emergency funds.

Adviser Product Partnerships
FLX picks Broadridge for asset management distribution platform; Hub partners with employee recognition company Blueboard; more than 100 financial firms join CFA’s code to further DEI; and more.

Delta Taps Fidelity to Run New Emergency Savings Program
Starting in January, Delta will give eligible employees up to $1,000 toward an emergency savings account if they complete a financial education program.

Alight Expands Partner Network to Add Well-Being Solutions
Worklife platform’s new partners add musculoskeletal care and tobacco cessation solutions to promote employees’ well-being.
Alight Announces New Benefits Marketplace
The offering can provide employees with access to more than 150 services and experiences.

Balancing Act
Hub International Announces Benefits SmartView Platform
The platform gives employers insight on how to optimize their benefits programs as they look to attract and retain talent.