The correlation between work productivity and substance use has become more prominent since the beginning of the COVID-19 pandemic. Dan Jolivet, Workplace PossibilitiesSM practice consultant at The Standard, discusses the importance of companies to empower their employees to seek support for mental health and substance abuse issues. Read more in HR Dive's article.
In the Media - Financial Professional
ValuePenguin by LendingTree featured The Standard’s 2020 Behavioral Health Impact Update in their article on the increase in mental health issues amongst younger employees. Read more.
Workers across the nation are facing a mental health crisis. NBC featured The Standard’s mental health study in their article on mental health in the workplace.
Offering a mix of benefits that provide value to all employees is an essential responsibility of brokers. It’s also a missed opportunity to not proactively inform clients of available solutions to address their executives’ heightened financial risks, including individual disability insurance as part of an executive disability plan. Adam Aschoff, regional director of Guaranteed Standard Issue Individual Disability Insurance Sales, shares more in America’s Benefit Specialists.
“If an advisor is working with an unmarried couple early in the annuity purchasing stage, it is in good practice and your client’s best interest to help the named beneficiary understand the limited death benefit payment and distribution options available, if the couple decides to go this route.” John Williams, regional sales director, Individual Annuities at The Standard, writes in InsuranceNewsNet about how advisors can better communicate annuity considerations to unmarried couples to help them understand annuities’ benefits, along with their beneficiary rules.
“If you’re stressed out, anxious or feeling lonely, you are not alone.” CNBC featured data from The Standard’s 2020 Behavioral Health Impact Update, showing 46% of workers now suffer from mental health issues one year into the pandemic. Read more about the state of mental health in the workplace due to COVID-19.
“The decisions surrounding the long-term medical care of a loved one are some of the most difficult that clients will ever have to make. A Medicaid SPIA is a helpful solution for a situation that could have put the healthy spouse at risk of financial hardship, even devastation, to pay for the medical care of their loved one.” Mark MacGillivray, director of Financial Institutions, Annuities at The Standard, writes in InsuranceNewsNet about the benefits a Single Premium Immediate Annuity can provide.
John Williams, regional sales director, Individual Annuities at The Standard, writes about why waiting for interest rates to increase before buying an annuity could cost retirees guaranteed income over time. Read in Advisor Magazine.
Joel Mee, senior director of Retirement Plan Sales at The Standard, shares with @PlanSponsor the importance of plan sponsors partnering with providers utilizing data technology. Read more about how plan sponsors can avoid operational errors in retirement plans.
Advisor Magazine published an article from Rich Lane, vice president of Individual Annuity Sales and Marketing at The Standard, detailing the annuity industry's major challenges and learnings this year, and where advisors can focus to meet the needs of clients in 2021.