Benefits Snapshot - 7/20

Written by Allison Loehman | July 20, 2017

Open Enrollment Planning | Summer Tips | DOL Fiduciary Rule

Every day on our LinkedIn, Twitter, and Facebook pages, we share need-to-know industry information for benefits pros. If you haven't joined the experts who follow us, here are the top stories from around the web:

Employers shouldn't just be planning for this year's enrollment; you should be planning your next several enrollments. If you're already dreading next year's enrollment, it's a sign it's time to switch up your enrollment strategy; check our solutions for online benefits administration.

Employee engagement can lag in the summer as employees are more focused on beaches and bathing suits rather than meetings and memos. Employers are coming up with some creative ways to beat the heat, and so are we. Check out our Community page to see how we're bringing summer fun into the workday.

Legislation to repeal the DOL Fiduciary Rule is already about to hit the House floor, but it may be too late. For better or worse, the buzz surrounding the rule has increased consumer awareness that not all financial professionals are required to act as fiduciaries. According to Jefferson National's Advisor Authority, "59 percent of investors say they incorrectly believed that all financial advisors are already required by law to put their clients’ best interest first, including disclosing fees and conflicts of interest."

Now that health insurance benefits are more of a requirement, a broker's true opportunity for differentiation is in their voluntary offerings. A top trend in 2017? Identity theft protection.

Topics: For Employers