December 14, 2012

by The Morning Pulse

401(a)/(k) / 403(b) / 457(b) RETIREMENT PLANS

1.       Paring Down Providers: A 403(b) Sponsor’s Experience

2.       DC Plans Slow to Adopt Institutional Products

3.       Less than Half of Pre-Retirees Expect to Live Their Desired Lifestyle in Retirement

4.       Millennials Motivated But Not Educated

5.       Investors Pessimistic About Adequacy of Retirement Savings and Ability to Stop Working

6.       Fees, Flexibility Could Cut Into Mutual Funds’ 401(k) Dominance

7.       Case Moves Forward Against Ameriprise Financial Regarding Use of Its Proprietary Product in Its Company 401(k) Plan

PENSION PLANS

1.       City Council seeks options for lowering pension obligations

2.       “Reckless, Wrong-Headed” Pension Rules Could Savage Europe’s Economy

3.       2012 Study of Risk Management Attitudes and Aptitude Among DB Plan Sponsors

4.       Spain plans deeper pension reform to meet EU demands

5.       Field Of Behavioral Economics Presents Opportunities For Actuaries

THE CAPITAL MARKETS

1.       Fed links rates to unemployment and relaunches bond buying

2.       Anticipating Growth Despite A Slowdown? Results From The New Small Business Survey

3.       Dismal December for U.S. IPO market closing out ‘solid’ year

4.       Investment banks take different views on forex in 2013

5.       2013 gain is expected for assets under advisement

6.       China will see 8.5% growth next year, report says

7.       Central bankers gather regularly in search of ideas

8.      Raise or hold on real assets proves tough call

9.       Fear Is Ruling Finance

10.   Push for U.S. trade deal with EU picks up momentum

ALTERNATIVE INVESTMENTS

1.       Asian Hedge Funds Reverse Slow Start to Beat World

2.       Pensions Pull Billions From Hedge Funds

3.       Investment newsletters beat up hedge funds in 2012

4.       To get cash back, some hedge fund investors will have to wait

5.       Hedge Fund Numbers, Assets Hit Record

6.       The rise of hedge funds as strategic global actors 

7.       How Much Does a Hedge Fund Need to Break Even?

HEALTH CARE AND VOLUNTARY BENEFITS

1.       Study: Health premiums skyrocketed compared to wages

2.       Addressing the Underlying Drivers of Growth in Health Care Costs

3.       Big Data Could Save Healthcare System $300+ Billion Annually

4.       53% of Consumers ‘Oblivious’ to Costs of Health Care

5.       Cutting the High Cost of End-of-Life Care

6.       CDHPs cost employees less than PPOs, new study suggests

7.       ‘Global Payments’ — Shifting How Health Care Is Paid For

8.      Healthcare Benefit Innovations Continue

9.       How Does Employment — or Unemployment — Affect Health?

ENDOWMENTS, FOUNDATIONS AND PHILANTHROPY

1.       News about grants, gifts

2.       Philanthropy study funded by $5 million grant

REGULATION, LEGISLATION, TAXATION, LITIGATION AND PUBLIC POLICY

1.       How Much Taxation Would Fund Current Spending?

2.       Corporate tax overhaul is brought into “fiscal cliff” talks

3.       Differing Complaints Does Not Deter ERISA Class Action

COMPENSATION, NONQUALIFIED AND EXECUTIVE BENEFITS

1.       Texas Pension Manager Paid $1 Million Trails Peers Who Make Less

2.       5 Physician Specialties With Largest Compensation Increases From 2008-2011

ACCOUNTING
1.       Anne Arundel auditor testifies about discovery of pension overpayment

INSURANCE INDUSTRY HIGHLIGHTS

1.       Top 10 Changes Carriers Must Make to Improve Agency Relationships

2.       Ernst & Young: Life insurers should transform strategies to remain relevant

3.       U.S. Life Insurers Stable for 2013

4.       Low Interest Rates Continue to Drag on Investments

5.       RMS: Revised Model Supported by Sandy Damage

6.       Reports Agree: Modest Rate Increases Continue Into 2013; No Hard Market

BANKING INDUSTRY HIGHLIGHTS

1.       EU Leaders Hail Accord on Banking Supervision

2.       Euro Rebuilding Vision Fades as Germany’s Vote Looms Over Crisis

INFORMATION TECHNOLOGY

1.       Majority of Americans Foresee Smartphone Payments Replacing Cards and Cash

2.       4 Critical Tactics in the Fight Against Fraudsters

3.       Mobile HR Apps Picking Up Steam 

4.       Analytics in 2013: Smarter Business Uses and Some Big Data Deaths

5.       Competitors are just distractions, Google CEO says