Study Shows There’s a Bigger Cause for Obesity Than Diet

Bigger Cause for Obesity than Diet

There’s no doubt the U.S. has a serious obesity epidemic and statistics from the Centers for Disease Control (CDC) show just how enormous – and costly – this preventable health problem is. About 36% of adult Americans are now obese, placing them at high risk of some of the leading causes of preventable death including heart disease, stroke, type 2 diabetes and certain types of cancer. This translates into a heavy economic burden for both individuals and their employers. Government figures reveal obese workers’ health woes cost American companies $225.8 billion per year due to productivity losses. In all, each obese employee costs his or her employer $460 to $2,500 in obesity-related medical expenses and sick days per year. Despite the popularity of special diets touted for weight control, why are too many Americans heavier instead of slimmer and trimmer? New research from the Stanford University School of Medicine could …


Demystifying the DOL: Your Weekly Guide to the Impending Fiduciary Rule

DOL Fiduciary Ruling

The Department of Labor (DOL) Fiduciary Rule will have a profound impact on most advisors, distribution firms and carriers that work with qualified funds. In this weekly series, we want to help advisors, especially principal advisors, garner an understanding of the law, the implications of the rule on advisor operations, and what you can expect with respect to operations as the rule is implemented this year. In our first post we’d like to provide a brief summary of what’s to come. The Principal Advisor in a practice will be faced with a number of key decisions stemming from the DOL rule, including: Whether he or she wants to remain in the business of selling financial services for qualified funds. Whether to continue to receive commissions on the sale of products (versus aligning the business with a fixed AUM compensation model). The choice of distribution partner, which, in the DOL environment, is …