Newport and its advisor partner worked together to establish a MEP, offering a low cost, operationally efficient and fiduciary protected solution for local businesses.
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What are the latest trends in executive benefit plans? And how have these programs been impacted by the economic impact of COVID-19? Find out in the 2020 Newport/PLANSPONSOR Executive Benefits Survey Report.
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PLANSPONSOR magazine, a premier monthly publication reporting on the retirement industry, has again ranked Newport among the nation’s largest and fastest growing defined contribution recordkeepers.
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Newport has received a number of questions from our clients and advisor partners regarding the impact of COVID-19 on Bank Owned Life Insurance and the life insurance industry. The potential impact of a global pandemic specific to the insurance industry includes: mortality impact, operational impact and economic impact.
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As part of Newport’s holistic approach to participant retirement readiness, we’ve recently enhanced our Financial Wellness Center (FWC), specifically designed to help plan participants prepare for retirement and beyond.
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Many Americans were not on a firm path to financial wellness before the pandemic and may fall even further behind during these challenging times. Financial advisors are uniquely positioned to help plan sponsor clients and their employees through today's challenges and beyond through financial wellness education and tools.
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This year, we launched the survey early to bring results sooner to our clients and colleagues. Beyond the general trends, there is additional focus on how organizations are strategically managing compensation, retirement, and benefits programs in response to COVID-19. Below are just a few of the key findings of Newport’s Compensation, Retirement and Benefits (CRB) Trends Report for 2020-21.
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The coronavirus pandemic has caused many workers economic hardships, fear and uncertainty, making it even tougher for employers to engage employees in saving and planning for their future retirement.
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What’s new at Newport? We’re keeping you informed each quarter of our latest products and services.
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The coronavirus pandemic has had a huge impact on businesses nationwide. Newport’s Compensation Consulting team has been monitoring the impact on compensation programs and has developed some innovative strategies to enable companies to move forward and operate in the “new normal.”
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