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Watson Wyatt Submission on Employee Benefit Plans and the Insurance Act: A New Approach

Watson Wyatt believes that the recently-enacted Regulations to Alberta's Insurance Act, 1999 the Act, which require that plan sponsors must either independently insure their benefit plans or offer them through a joint employer-employee association do not meet the government's aim of providing employees, particularly those in receipt of Long-Term Disability...

Tags: Employee Benefit, Watson Wyatt Worldwide, Insurance, Employee Benefit Plan, Watson Wyatt, Benefits, Human Resources

White papers 2002-10-18

Additional Resources

Companies Continue Move Toward Selective Outsourcing Approach, Watson Wyatt Finds

WASHINGTON, June 24 /PRNewswire-FirstCall/ -- Employers continue to take a selective approach to outsourcing their HR technology and functions rather than relying exclusively on a single provider, according to Watson Wyatt, a leading global consulting firm. "Over the last few years, we've continued to see tremendous growth...

Articles 2008-06-24

Pension Funds Drive Growth of Alternative Assets, Watson Wyatt Research Shows

LONDON, June 23 /PRNewswire-FirstCall/ -- During 2007 alternative assets* managed on behalf of pension funds by the world's largest 99 investment managers grew by 40 percent to $822 billion from $586 billion in the year before, according to the latest Global Alternatives 99 research produced by Watson Wyatt in...

Articles 2008-06-23

Watson Wyatt Acquires Argentina Consulting Firm

WASHINGTON, June 23 /PRNewswire-FirstCall/ -- Watson Wyatt Worldwide, a leading global consulting firm, announced today the acquisition of Marcu & Asociados, a top HR and financial services consulting firm in Argentina. Established in 1990, Marcu & Asociados provides services in the area of compensation consulting, salary and...

Articles 2008-06-23

Pensions Outperformed 401 Plans During Last Bull Market, Watson Wyatt Analysis Finds

WASHINGTON, June 18 /PRNewswire-FirstCall/ -- Rates of return for defined benefit DB pension plans outpaced those for employee-directed 401k plans during the most recent bull market from 2003 to 2006, according to an analysis by Watson Wyatt Worldwide, a leading global consulting firm. The comparison of investment...

Articles 2008-06-18

IABC Cleveland Presents Annual Vision Awards, Scholarship

CLEVELAND, June 16 /PRNewswire/ -- IABC Cleveland recognized excellence in Northeast Ohio's communications community at its recent Vision Awards event. (Logo: http://www.newscom.com/cgi-bin/prnh/20070517/IABCLOGO ) IABC Cleveland's Communicator of the Year, Stephen Fry, president of the Northeast Ohio division of Time Warner Cable, gave the keynote...

Articles 2008-06-16

Watson Wyatt Worldwide Declares Regular Quarterly Dividend

ARLINGTON, Va. -- Watson Wyatt Worldwide, Inc. (NYSE, NASDAQ: WW) announced that its board of directors declared a regular quarterly cash dividend of $0.075 per common share for the quarter ended June 30, 2008. The dividend is payable on July 15, 2008, to shareholders of record at the close of...

Articles 2008-06-09

Watson Wyatt Completes Fifth Quadrant Transaction

WASHINGTON, June 6 /PRNewswire-FirstCall/ -- Watson Wyatt, a leading global consulting firm, announced today that it has completed the acquisition of a 20 percent stake in the operations of Fifth Quadrant, the South African actuarial and employee benefits consultancy. "We are very pleased to form this strategic...

Articles 2008-06-06

Retirement plans face challenging 2008

Despite stock market downturns, U.S. retirement plan assets have nearly doubled in value since 1997, Watson Wyatt reports. The immediate outlook, however, appears less rosy. The consultancy's 2008 Global Pensions Asset Study found that assets in U.S. retirement plans increased from $7.9 trillion in 1997 to $15 trillion...

Articles 2008-06-01

Employer Use of Financial Incentives to Reward Healthy Behavior Expected To Surge

Companies Tailor Programs to Target Specific Actions, According to Watson Wyatt WASHINGTON, May 29 /PRNewswire-FirstCall/ -- The number of employers offering workers financial incentives to better manage their health is expected to jump sharply next year, according to a survey by Watson Wyatt Worldwide, a leading global...

Articles 2008-05-29

Large Employers Slow Changes to Retirement Plans, Watson Wyatt Finds

More Than Half of FORTUNE 100 Continue to Offer Defined Benefit Plans WASHINGTON, May 22 /PRNewswire-FirstCall/ -- The pace of retirement plan changes among FORTUNE 100 companies is stabilizing, and a majority still offer pension plans to their new employees, according to an analysis by Watson Wyatt...

Articles 2008-05-22

High Risk Level in Some Target-Date Funds Could Come as a Surprise

Composition of Funds Warrants Another Look by Employers, Employees, Watson Wyatt Says WASHINGTON, May 20 /PRNewswire-FirstCall/ -- Although target-date funds are designed to automatically shift investors' portfolios to less risky assets as they age, the amount of equities in some funds might come as a surprise to...

Articles 2008-05-20

Zacks Buy List Highlights: AU Optronics Corp., Watson Wyatt Worldwide, JA Solar Holdings Co., Ltd. and Tyco Electronics Limited

CHICAGO -- Zacks.com releases the latest list of Zacks Rank Buy Stocks. Every day on Zacks.com, four stock picks are made based on criteria for the each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum and Value. The four Zacks Rank Buy stocks highlighted today...

Articles 2008-05-16

SantaFe HealthCare Welcomes New Chief Audit Executive

GAINESVILLE, Fla., May 13 /PRNewswire/ -- SantaFe HealthCare, the parent company of several preeminent, health-related organizations in Florida, today announced the appointment of Charles Phillips as Chief Audit Executive. Prior to his appointment, Phillips was Global Head of Internal Audit for Arlington, Va.-headquartered Watson Wyatt Worldwide, Inc....

Articles 2008-05-13

Watson Wyatt Worldwide Reports Third Quarter EPS of $0.96, up 26 Percent from Prior Year

Fiscal Year EPS Guidance Increased ARLINGTON, Va. -- Watson Wyatt Worldwide, Inc. (NYSE, NASDAQ: WW), a leading international human capital and financial management consulting firm, today announced financial results for the third quarter of fiscal year 2008, which ended March 31, 2008. Revenues were $457.5 million...

Articles 2008-05-08

Employees Without Access to Health Coverage Outside Work are Far Less Likely to Retire

Retirement Plan Coverage Is also a Factor, according to Watson Wyatt WASHINGTON, May 7 /PRNewswire-FirstCall/ -- Older workers without other health care insurance options are more likely to defer retirement to stay covered under their employer's plan, according to an analysis by Watson Wyatt Worldwide, a leading...

Articles 2008-05-07

News: Regulator urged to tackle DC with care.

Byline: Kalpana Fitzpatrick The Pensions Regulator has come under fire for failing to adequately address the risk of defined contribution DC schemes, a damning report by the House of Commons has found. The Committee of Public Accounts report said although...

Articles 2008-04-28

News: Public sector is paying too little for its pensions.

Byline: Tom Willetts Contributions paid by employers and employees to public sector pension schemes are lower than the cost of the new benefits being earned, according to government accounts. An analysis from Watson Wyatt found that between 2007/2008 and ...

Articles 2008-04-28

Most Companies Oppose Single-Payer Health Care System, State Coverage Mandates

Reform Proposals Have Little Impact on Employer Health Care Offerings Thus Far WASHINGTON, April 23 /PRNewswire-FirstCall/ -- Most U.S. companies do not support a single-payer health care system or state legislation mandating coverage. Instead, they prefer relying on private-sector solutions, according to research by Watson Wyatt Worldwide,...

Articles 2008-04-23

News: Boom forecast for at-retirement market.

Byline: David Ricketts The at-retirement market for financial products will more than double over the next five years, according to Watson Wyatt. The market products, which are designed to convert invested assets into income, such as those built up in...

Articles 2008-04-21