Latest news in Benefits Canada Archive

ILN launches toolkit to help institutional investors assess decarbonization scenario analysis disclosures

The Investor Leadership Network has published a new report that includes practical tools to help investors understand and assess companies’ climate-related scenario analysis disclosures. Investors…

  • By: Staff
  • September 18, 2020 December 6, 2020
  • 07:58
Coronavirus pandemic drives 20% increase in new claims for mental-health drugs

Coronavirus pandemic drives 20% increase in new claims for mental-health drugs

Claims for medications treating mental-health issues like anxiety and depression reached 97 per cent of 2019’s total claims volume by the end of August 2020,…

RIA inviting institutional investors to sign diversity, inclusion statement

The Responsible Investment Association is creating a statement on diversity and inclusion and inviting Canadian institutional investors to sign on. The initial signatories of the statement, which is…

  • By: Staff
  • September 17, 2020 November 17, 2020
  • 08:45
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Federal Reserve sees rates near zero at least through 2023

The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and…

Former Bank of Canada governor Mark Carney joins PIMCO global advisory board

Former Bank of Canada governor Mark Carney is joining an advisory board for the Pacific Investment Management Co. PIMCO chief executive Emmanuel Roman says the…

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Long-Term Stock Exchange opens for business

A new stock exchange aimed at serving companies and investors that share a long-term vision has opened its doors. The Long-Term Stock Exchange will trade…

  • By: Yaelle Gang
  • September 17, 2020 December 6, 2020
  • 07:31

Caisse investing in U.S. subscription commerce platform

The Caisse de dépôt et placement du Québec, alongside existing investors, is investing $US185 million in subscription commerce platform AppDirect Inc. The funding brings the…

  • By: Staff
  • September 16, 2020 November 17, 2020
  • 15:00

Vodacom Group rolls out gender-neutral parental leave

Vodacom Group, a South African telecommunications firm, is providing all global employees with 16 weeks of fully paid parental leave, regardless of their gender or…

  • By: Staff
  • September 16, 2020 November 17, 2020
  • 15:00

Considerations for integrating ESG into fixed income

Environmental, social and governance factors are highly relevant to fixed income investment outcomes, but integration is complicated by the variety of issuers within the asset…

Pension benefits continue to lead growth in Canadian insurance industry: CLHIA

Canadians received a record $103 billion in benefits from life and health insurers last year, up 60 per cent from a decade earlier, according to…

  • By: Staff
  • September 16, 2020 November 30, 2020
  • 09:00

PIAC disputes recommendation for further regulation of proxy advisory firms

The Pension Investment Association of Canada took issue with some of the recommendations drafted by Ontario’s capital markets modernization task force, specifically those related to…

  • By: Staff
  • September 16, 2020 December 5, 2020
  • 07:46

FSRA estimating jump in DB pension solvency off rebound in markets

The median projected solvency for Ontario’s defined benefit pension plans increased to 90 per cent at the end of 2020’s second quarter, up from 85…

  • By: Staff
  • September 15, 2020 November 17, 2020
  • 15:30

OTIP employees joining CAAT’s DBplus pension

The Ontario Teachers Insurance Plan and its group of companies are the latest employers to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 15:15

FSRA seeking input on draft guidance for DB pension asset transfers

The Financial Services Regulatory Authority is seeking stakeholder input on draft guidance on providing consent for asset transfer transactions under the Pension Benefits Act. Aiming…

  • By: Staff
  • September 15, 2020 December 6, 2020
  • 09:40

FSRA seeking input on draft guidance for DB pension transfers

The Financial Services Regulatory Authority is seeking stakeholder input on draft guidance on providing consent for asset transfer transactions under the Pension Benefits Act. Aiming to…

  • By: Staff
  • September 15, 2020 November 30, 2020
  • 09:00
SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

The Shareholder Association for Research and Education and Groupe Investissement Responsable Inc. are creating a joint venture to provide proxy voting services to institutional investors…

  • By: Staff
  • September 15, 2020 November 17, 2020
  • 08:55

Pandemic blurring work-life lines a recipe for employee burnout

Even before the coronavirus pandemic, technology was blurring the lines between work and home life. An unhealthy attachment to our mobile phones made it easy…

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ADB forecasts developing Asian economies in recession in 2020

Developing economies in Asia will contract in 2020, the first such downturn in nearly 60 years, the Asian Development Bank said Tuesday in an update…

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OTIP employees joining CAAT’s DBplus

The Ontario Teachers Insurance Plan and its group of companies is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension…

  • By: Staff
  • September 15, 2020 December 6, 2020
  • 06:54
OMERS participates in funding round for Canadian competitive intelligence company

OMERS participates in funding round for Canadian competitive intelligence company

The Ontario Municipal Employees Retirement System’s venture capital arm, OMERS Ventures, is participating in a series-A funding round for Klue, a Vancouver-based competitive enablement company,…

  • By: Staff
  • September 14, 2020 November 12, 2020
  • 15:15
U.S. employers increasing focus on virtual care, mental health in 2021: survey

U.S. employers increasing focus on virtual care, mental health in 2021: survey

Nearly half (45 per cent) of U.S. employers see investments in health and well-being as an integral part of their workplace strategy, compared to 36…

  • By: Staff
  • September 14, 2020 November 12, 2020
  • 15:15

Top 300 pension funds’ AUM grows 8% in 2019: research

The world’s 300 largest pension funds saw their assets under management increase in value by eight per cent in 2019, to a total value of…

  • By: Staff
  • September 14, 2020 November 17, 2020
  • 08:45
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What will coronavirus mean for pension investors in the long term?

Real estate, a long-time stable, returns-generating asset class for pension plans, may no longer be as solid due to the impact of the coronavirus pandemic.…

Employers concerned about retaining valued staff amid salary cuts, freezes: survey

A majority (82 per cent) of senior managers said they’re worried about their company’s ability to retain valued staff, with 34 per cent saying they’re…

  • By: Staff
  • September 11, 2020 November 17, 2020
  • 15:15

Medcan partnering with Lift to enhance wellness offering

Medcan is partnering with fitness app Lift to enhance its wellness offering to plan sponsors. The platform, which includes customized exercise programming, digital equipment and…

  • By: Staff
  • September 11, 2020 November 17, 2020
  • 15:00