Twenty-two percent of companies are now looking into completely outsourcing their retirement, health and welfare benefits, in an effort to cut costs, a survey by Diversified Investment Advisors. Eleven percent have begun the process of total benefits outsourcing(TBO), Diversified Investment Advisors found.

Thirty-seven percent of those surveyed said that TBO's biggest advantages are lower administrative and recordkeeping costs, and lower internal staffing needs.

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