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Willis Towers Watson PLC has entered the U.S. market for pooled employer plans on a bet that outsourcing of retirement plan management and administration will increase for small-to-medium sized plan sponsors, reports Plansponsor. WTW announced its LifeSight PEP on Feb. 23 with a goal of providing an offering that simplifies 401(k) plan sponsorship for employers at a lower plan cost and reduced operational and fiduciary burden.
1. FTC refunds customers for fraudulent health plans sold by Benefytt
2. Health systems consider dropping Medicare Advantage plans due to financial losses
3. UnitedHealth faces rising lawsuits following Change Healthcare cyberattack
4. MedPAC calls for 'major overhaul' of Medicare Advantage policies
5. Medicare to cover Novo Nordisk's weight-loss drug for heart patients
6. AT&T faces second lawsuit over $8 billion pension risk transfer