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Big Players Dropping HSA Business Despite Growth Potential
Pensions & Investments 
June 13, 2016 "Total HSA assets reached $30.2 billion in 2015, about triple the amount in 2009 ... The potential for growth in HSA assets has prompted giants such as Fidelity Investments, Boston, and Bank of America Merrill Lynch, New York, to continue pursuing their HSA management strategies.... [F]or the dropouts ... HSAs no longer fit their long-term strategies.... Wells Fargo is selling its HSA business to Optum Bank Inc., part of [UnitedHealth Group]." MORE >> |
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