Employers Risk Facing Turnover Without Comprehensive Benefits Offerings | PLANSPONSOR

In a new survey, workers overwhelmingly said benefits are a key factor in determining where to work, with 70% of respondents saying they would be willing to switch jobs to gain better benefits. The survey found younger workers value education and training benefits, while 87% of older workers said retirement benefits are a top priority.

DOL Releases Final fiduciary Rule | ThinkAdvisor

The U.S. Department of Labor has released the final version of a new rule that clarifies who is considered a fiduciary when providing investment advice. Experts say the new rule adds protections for consumers, who can be more confident they’re receiving good financial advice that’s in their best interests.

Colorado Wants to Lower Prescription Costs. Why Are Patients Opposed? | The Colorado Sun

Three years ago, Colorado created the Prescription Drug Affordability Board to review drug prices and potentially place limits on how much manufacturers can charge for medications. Drugmakers have pushed back against the board’s authority, and some patient advocates have now joined the opposition out of fear that price caps could lead to manufacturers pulling their life-saving drugs from Colorado pharmacies.

What Do Women Think About Retirement? | National Institute on Retirement Security

There’s long been a gender gap in retirement, with women generally having less money saved due to lower wages and other factors. According to a recent survey of working women, more than 75% of women think retirement is only getting harder, and 82% say every worker should have access to a pension for retirement security.

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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.