Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Quality Assurance Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Overview of Fall-Out from Spitzer Investigation of Marsh & McLennon
401kExchange, Inc.Link to more items from this source
Oct. 28, 2004
Excerpt: As the financial industry suffers yet another black eye from Elliott Spitzer's investigation of Marsh's insurance brokerage unit, it's worthwhile speculating how the fall-out could affect the retirement industry. Marsh is accused of rigging bids on insurance RFPs to keep prices artificially high while rewarding those insurance carriers paying placement fees and the largest over-ride commissions. Of Marsh's 2003 $1.5 billion in profit, $800 million came from these fees and commissions.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.