Pensions at a Glance 2017, a new report issued in December 2017 by the OECD, warns that further reforms are needed across OECD countries to mitigate the impact of population aging, increasing inequality among the elderly and changing the nature of work. The OECD also says that public spending on pensions for the OECD as a whole has risen by about 1.5% of GDP since 2000; however, the pace
As the growth of pan-European pension plans is reported to accelerate, asset manager Amundi and insurer LaLux jointly organize a topical half-day conference on 5 February 2018 in Luxembourg. Featured speakers include: Luxembourg Minister of Finance, Pierre Gramegna European Commission head of the insurance and pensions unit, Nathalie Berger PensionsEurope CEO, Matti Leppala EIOPA Executive Director, Fausto Parente Create Research CEO, Prof. Amin Rajan Group head of compensation &
Engineers at Cornell University have developed a simple method for gathering a patient’s vital signs using radio waves. Radio Frequency Identification (RFID) tags use low-power radio frequencies and are similar to the anti-theft tags we find in department stores. These ‘passive’ RFID tags require no batteries, and can transmit information such as heart rate, blood pressure, and breathing rates from multiple patients simultaneously. By measuring internal body motion, such
Deloitte in December 2017 released three reports discussing potential developments in the insurance industry for 2018 and beyond. 2018 Insurance Industry Outlook – Industry trends, strategies to stay competitive Page with link to report 2018 U.S. Insurance Regulatory Outlook – Forging ahead amid uncertainty Page with link to report IAIS update: 2017 annual meeting – Insurance supervisors focus on risk and regulatory standards Page with link to report The
The RIMS-Certified Risk Management Professional certification (RIMS-CRMP), is now the only certification program in the world to hold accredited status, RIMS announced in December 2017. RIMS-CRMP received official accreditation by the American National Standards Institute (ANSI) under ISO/IEC 1702:2012. ANSI accreditation signifies that the Institute recognizes the competence of RIMS to carry out certification activities in accordance with requirements defined in International Standards and confirms approval by government and
Sleep technology firm Shleep in December 2017 announced plans to showcase its neuroscience-driven sleep application at CES 2018. Available on iOS and Android mobile devices, Shleep is a fun, easy to use, science-based sleep coaching app that helps people change their behavior to improve sleep. Poor sleep has many negative effects More than a third of American adults are not getting enough sleep on a regular basis and, as
The Organization for Economic Cooperation and Development’s report, Technology and Pensions, was released in December 2017, providing an overview of how technology (FinTech) is being used to improve pension design and delivery and how regulators are managing these changes. The report comes after a discussion on the challenges that regulators face to support FinTech from a roundtable held at the G20/OECD Task Force on Financial Consumer Protection meeting held
Governments in Paris, Berlin, London, Madrid, and Rome sent a joint letter to U.S. Secretary of the Treasury Steven Mnuchin in mid-December 2017 warning him of the risk of tax treaty violations arising from the tax reform under discussion in the United States. If Donald Trump is relying heavily on the tax reform submitted to Congress in autumn − to rebuild his image − he is sending shudders through
Randstad North America, a global provider of HR services, in December 2017 released its 4th Quarter Talent Trends Quarterly, an analysis of current hiring and workplace trends that will impact the U.S. workplace in 2018 and beyond. The report opens with a warning to human capital and business leaders: ‘embrace change to (their workforce’s) advantage or potentially fall behind’, and recommends that employers ‘become more agile, open, and flexible
Insurer – Country of Destination – Date Announced – Source MS Amlin – Brussels – 28 June 2017 – Press release Lloyd’s of London – Brussels – QBE – Brussels – CNA Hardy – Luxembourg – RSA – Luxembourg – AIG – Luxembourg – FM Global – Luxembourg – Hiscox – Luxembourg – Liberty Mutual, Special Markets – Luxembourg – Admiral – Dublin – Beazley – Dublin – Chesnara –
The overarching theme of the 48th edition of the IBIS Academy is “Your Future, Your Workforce” – what does it take to be an employer of choice in the coming years? Sponsors Announced Sponsors announced for 2018 include headline sponsor Cigna; Diamond sponsor GeoBlue; other sponsors known as of mid-December 2017 include tax advisors GTN, ECA International, and law firm Littler Mendelson. The week-long 2018 IBIS Academy includes a
The Organization for Economic Development (OECD), in December 2017 released a new report, Robo-Advice for Pensions, which looks at the rising trend of technological innovation in finance, specifically the robo-advice model. This model has been proposed as one potential solution for helping individuals manage pensions and invest for retirement. Essentially, ‘robo-advisors’ propose to make investing more affordable and accessible for consumers by relying on user-friendly digital platforms, algorithms, and
In order to understand the role of employer-sponsored employee benefit plans in Canada, an understanding of the underlying government mandated health care structure is needed.
The announcement that CVS plans to acquire Aetna for US$69 billion raises hope and concerns. The transaction would create a new health care giant. Aetna is the third-largest health insurer in the United States, insuring about 46.7 million people.
Going to the doctor usually involves exposing the body with all its faults and flaws. In a culture that increasingly values self control and bodily perfection, being sick or even merely old can lead to feelings of shame and inadequacy.
Dariush Mozaffarian The national debate on health care is moving into a new, hopefully bipartisan phase. The fundamental underlying challenge is cost – the massive and ever-rising price of care which drives nearly all disputes, from access to benefit levels to Medicaid expansion. So far, policymakers have tried to reduce costs by tinkering with how care is delivered. But focusing on care delivery to save money is like trying
New Wage, Workplace, and Cannabis Laws Spell Dynamic 2018 for Canadian Employee Benefits (WBN Series), by Tim Witchell A Single Workout Could Save Your Life, by Dick Thijssen CVS Merger With Aetna: Healthcare Cure or Curse? by Sharona Hoffman Shaming People About Their Lifestyles Does Nothing To Improve Their Health, by Luna Dolezal and Barry Lyons
New Wage, Workplace, and Cannabis Laws Spell Dynamic 2018 for Canadian Employee Benefits (WBN Series) Tim Witchell A Single Workout Could Save Your Life Dick Thijssen CVS Merger With Aetna: Healthcare Cure or Curse? Sharona Hoffman Shaming People About Their Lifestyles Does Nothing To Improve Their Health Luna Dolezal, Barry Lyons