Two of five U.K. life insurers have not yet begun to prepare for new regulations, such as Solvency II, leaving the possibility of unwelcome surprises in the near future. In the
United States, life insurers face pressure to improve their technology.
Although the stock market is currently in turmoil, pension funds in the United States, Canada
and around the world have seen their financial positions strengthen in recent years.
A
new book by Watson Wyatt’s Ira T. Kay and Steven Van Putten concludes that pay-for-performance is working at most companies. The book has been featured in the
Harvard Business Review and the
New York Times.
As U.S. companies increasingly view the health of their workers as a way to control costs and improve productivity, many are offering financial incentives for healthy behavior, Watson Wyatt’s Shelly Wolff says.