Contributor : Ken Derks
Supplemental executive retirement plans can be a powerful and flexible tool in the hands of visionary banks.
Most major BOLI carriers expect “business as usual” for purchase activity in 2020, but may find difficulty in reproducing yields close to their current portfolios.
Strategically designed compensation programs can help banks avoid the lost revenue and increased expenses associated with losing and replacing key employees.
Boards should let succession planning guide how they compensate the next generation of leaders.
Bank-owned life insurance continues to play an important role in compensation and retention strategies for key personnel, according to NFP/Equias Alliance’s trend preview and recap.
The tax law offers advantages to employers and employees in planning for the future.
Many executives aren’t adequately protected should they become disabled.
Effective compensation is important to retain key individuals. Here’s how.
Here’s how continued low interest rates and an expected cut in the tax rate could impact the BOLI market in 2018.
While it’s important to focus on the retirement needs of your older, high-performing employees, it’s also important to have a retirement and incentive strategy for your millennials as well.