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4 reasons not to rush through open enrollment season

4 reasons not to rush through open enrollment season

Finance
It's open enrollment season, which for many workers, might not mean much. That's a costly misconception. About half of employees don't understand their benefits materials, according to a report by the International Foundation of Employee Benefit Plans.As a result, most workers just stick with what they've previously picked — 92 percent of workers last year kept the same selections, according to a separate Aflac survey of 5,000 employees.That's a missed opportunity. Aflac found that more than half of employees estimate they are wasting up to $ 750 a year because of suboptimal benefit choices.At the very least, workers should "take a look and see what their choices are this year compared to last year, to see if their plan still suits their situation," said Julie Stich, vice president at th
Bharat 22 ETF to open for public subscription on November 15

Bharat 22 ETF to open for public subscription on November 15

Finance
NEW DELHI: Bharat 22 exchange traded fund (ETF) is all set to open for public subscription on November 15, ICICI Prudential Asset Management Company while filing the launch documents for the open-ended ETF said on Saturday. Anchor investors could participate in the new fund offer (NFO) on November 14, it said. The NFO will close on November 17. Announced in August this year, the government intends to raise in excess of Rs 8,000 crore from the NFO. The ETF would mirror the S&P BSE Bharat 22 Index that comprises of select companies from the CPSE universe, stakes held under the Specified Undertaking of the Unit Trust of India (SUUTI) and public sector banks (PSBs). These include ONGC, IOC, SBI, BPCL, Coal India and Nalco, among others. Besides, Axis Bank, ITC and L&T are a few st...
Only 2,300 bank branches open Aadhaar centres on premises

Only 2,300 bank branches open Aadhaar centres on premises

Finance
Only about 2,300 branches of private and public sector banks have opened Aadhaar enrolment and updation centres within their premises as against the targeted 15,300 branches by this month end, an official source said today.The Aadhaar-issuing body has already extended by a month, till October 31, the deadline for banks to open Aadhaar enrolment and updation centres in at least 10 per cent or over 15,000 of their branches. This is the second extension given to the banks for opening such centres."The September 31 deadline that was given to the banks had been extended by one more month to October 31," the source told .According to UIDAI stipulation, 43 private and public sector banks have to open Aadhaar enrolment and updation centres in 15,315 branches. Against this, as per latest data, enro...
Hong Kong Open: Venus Williams falls in second round

Hong Kong Open: Venus Williams falls in second round

Sports
Naomi Osaka upended second-seeded Venus Williams in their second-round match at the Hong Kong Tennis Open on Wednesday. The 19-year-old Japanese player posted a 7-5, 6-2 victory to exact a bit of revenge from getting bounced by Williams in their Wimbledon match earlier this year. "I feel like even if I hit one semi-short ball she would come in and crush it, so I had to play really well," the 64th-ranked Osaka said of defeating the fifth-ranked Williams. The win comes on the heels of Osaka upsetting sixth-ranked Angelique Kerber at the U.S. Open. Williams benefited from a double fault by Osaka to earn the first break of the match, but the 37-year-old was unable to capitalize. Osaka rebounded with a flourish to claim the first set and rushed out to a 5-0 edge in the second before dismissing ...
China Open: Simona Halep, Jelena Ostapenko advance to semifinals

China Open: Simona Halep, Jelena Ostapenko advance to semifinals

Sports
Simona Halep receives an opportunity to exact revenge on Jelena Ostapenko after the two women advanced to the semifinals of the China Open with straight-set victories on Friday. Second-seeded Halep required just 69 minutes to dispatch Russian Daria Kasatkina 6-2, 6-1 at Beijing, while ninth-seeded Ostapenko posted a 6-4, 6-4 victory over Romania's Sorana Cirstea. The victories set up the first meeting between Ostapenko and Halep since the 20-year-old Latvian stunned Halep in the French Open final at Roland Garros in June. "She's a great player," Ostapenko said of Halep. "If I play my best and I stay aggressive tomorrow and I am consistent, I think everything can happen." Ostapenko experienced service issues against Cirstea -- who is her doubles partner -- by committing seven double faults....