Archives August 2008

August 2008

Benefits Canada News

It’s a delicate balancing act: employers want to provide excellent benefits to their employees, but at the same time, they need to manage costs. “I…

Reflections on three years of change in the pension and benefits industry—and at Benefits Canada. “Like it or not, we live in interesting times.” These…

An Ottawa-based law firm has commenced a national class action lawsuit on behalf of Nortel employees across Canada regarding changes made to the telecom equipment…

Leo de Bever has moved from Victorian Funds Management Corporation in Melbourne, Australia, to become the new CEO with Alberta Investment Management Corporation in Edmonton.…

Disability management

The design of most long-term disability plans can best be described as “too little too late,” leaving employees in an unfortunate but predictable situation. Group…

Health benefits

Employers are making greater efforts to promote patient adherence and foster a culture of health in the workplace to help manage chronic conditions. Three years…

Encouraging generic substitutes and having restrictive formularies are strategies often used by plan sponsors to combat the ever-rising cost of prescription drugs. But despite these…

Alternative investments

Evaluating LDI August 01, 2008 | Stephen Goldman and Scott McDermott Ten important questions that plan sponsors should ask when considering liability driven investing. Falling…

Defined benefit pensions

Corporate North America has fallen into the trap of short-term thinking, placing undue emphasis on the next quarter’s results. Are pension professionals blindly following the…

Governance/legislation

Federal and provincial pension benefits standards legislation may be similar, but plan sponsors need to acknowledge the differences between them. Sponsors of defined benefit (DB)…

Around the World August 01, 2008 | Frédéric Létourneau and Leo de Bever In a challenging social and economic environment, plan sponsors are looking to…