Latest news in Benefits Canada Archive

Manulife sending employees’ kids to virtual camp

Manulife sending employees’ kids to virtual camp

The children of Manulife Financial Corp. employees can take a virtual visit to the International Space Station, create their own ice cream in a bag…

Older Canadians coping better than younger demographics in pandemic: study

Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according…

  • By: Staff
  • August 5, 2020 November 12, 2020
  • 08:45

DC plan member education increasingly important: report

Defined contribution plan members saw a bounce-back in equity markets in the second quarter of 2020, boosting their gross income replacement ratios from the lows…

  • By: Staff
  • August 5, 2020 December 6, 2020
  • 08:38
BenefitsConnect buying Ontario consulting firm

BenefitsConnect buying Ontario consulting firm

Consulting firm BenefitsConnect Inc. is purchasing Kingston, Ont.-based Strategic Benefits & Insurance Services Ltd. Through the acquisition, BenefitsConnect is seeking to enhance its service offerings…

  • By: Staff
  • August 4, 2020 November 11, 2020
  • 15:30
Public equity performance boosts Canadian DB plans in second quarter: report

Public equity performance boosts Canadian DB plans in second quarter: report

Strong public market performance helped Canadian defined benefit pension plans reverse their first-quarter losses, according to a new report by BNY Mellon Asset Management Canada. The…

  • By: Staff
  • August 4, 2020 November 12, 2020
  • 15:00
Ontario Teachers’ buying stake in New Zealand pathology business

Ontario Teachers’ buying stake in New Zealand pathology business

The Ontario Teachers’ Pension Plan and the New Zealand Superannuation Fund are each taking on a 50 per cent stake in New Zealand-based pathology business Asia Pacific…

  • By: Staff
  • August 4, 2020 November 12, 2020
  • 15:00
N.S. Pension Services Corp. reports $12-billion AUM in 2019 results

N.S. Pension Services Corp. reports $12-billion AUM in 2019 results

Nova Scotia Pension Services Corp. finished 2019 with almost $12 billion in assets under management and reported sharply diverging year-end results for the two pension plans…

  • By: Staff
  • August 4, 2020 November 30, 2020
  • 09:00
OCIO models more attractive in rough market conditions: report

OCIO models more attractive in rough market conditions: report

The current market environment has the potential for long-term effects on the defined benefit pension investment industry, according to a new report by Cerulli Associates.…

  • By: Staff
  • August 4, 2020 November 12, 2020
  • 08:45
Trudeau says feds will create EI like benefit for gig, contract workers

Trudeau says feds will create EI like benefit for gig, contract workers

Prime Minister Justin Trudeau says the government plans to move out-of-work Canadians into the employment insurance system and provide parallel support for millions set to…

Caisse appoints Marc-André Blanchard as EVP, head of CDPQ global

Caisse appoints Marc-André Blanchard as EVP, head of CDPQ global

The Caisse de dépôt et placement du Québec is appointing Marc-André Blanchard as executive vice-president and head of CDPQ Global, effective Sept. 8, 2020. In…

  • By: Staff
  • July 31, 2020 November 11, 2020
  • 15:00
iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group appoints Éric Jobin as EVP, group benefits and retirement solutions

iA Financial Group is appointing Éric Jobin as executive vice-president of group benefits and retirement solutions. Jobin had been in the role, on an interim…

  • By: Staff
  • July 31, 2020 November 12, 2020
  • 15:00
Climate risk goes beyond the ‘E’ in ESG: webinar

Climate risk goes beyond the ‘E’ in ESG: webinar

Climate change has accelerated the risk of expensive natural disasters, but these risks still aren’t being adequately taken into consideration in investment decisions. “Climate risks oftentimes are…

BCI posts 3% gain for fiscal 2020

BCI posts 3% gain for fiscal 2020

The British Columbia Investment Management Corp. rounded out its fiscal year with a three per cent return, slightly underperforming its 3.3 per cent benchmark. In…

  • By: Staff
  • July 31, 2020 November 11, 2020
  • 09:54
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Are private equity managers balancing fundraising and deployment?

Private equity fundraising slowed in the second quarter of 2020, reaching only US$116 billion, its lowest quarterly point since the first quarter of 2018, according…

  • By: Staff
  • July 31, 2020 December 6, 2020
  • 09:33

Retroactive pay, pension, insurance increases in new agreement for postal workers

Canada Post Corp. employees and some retirees are receiving retroactive wage increases, as well as adjustments to their disability and life insurance and pensions, through two new…

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How can pension plan sponsors manage factor exposure in equity portfolios?

While factor behaviour tends to be consistent in market crashes and corrections, individual factor performance varies over the medium term. As such, institutional investors should…

  • By: Staff
  • July 31, 2020 December 6, 2020
  • 07:56
New report highlights financial considerations of delaying CPP payments

New report highlights financial considerations of delaying CPP payments

A retiree faces a 50 per cent probability of receiving more income by delaying Canada Pension Plan payments, according to a new report by the…

  • By: Staff
  • July 30, 2020 November 30, 2020
  • 15:15
Most RBC, TD employees to work from home until at least 2021

Most RBC, TD employees to work from home until at least 2021

Royal Bank of Canada and TD Bank Group say most of their staff will work from home until next year to further stop the spread…

Caisse, Sun Life, investing in telemedicine provider

Sun Life Financial is entering into a strategic commercial partnership and making a $32.7 million equity investment in Canadian telemedicine provider Dialogue. Through the deal,…

  • By: Staff
  • July 30, 2020 December 6, 2020
  • 14:26
Fees, terms can make all the difference in private equity partnerships, finds study

Fees, terms can make all the difference in private equity partnerships, finds study

What makes the fees and terms of one private equity deal better than another? A new study by Callan examined 90 private equity partnerships to…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 09:15
Sun Life, Caisse investing in Canadian telemedicine provider

Sun Life, Caisse investing in Canadian telemedicine provider

Sun Life Financial is making an equity investment of $32.7 million in Canadian telemedicine provider Dialogue, with the two entities forming a strategic commercial partnership.…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 08:45
Report calling for paid sick, family leave and changes to EI as part of pandemic recovery

Report calling for paid sick, family leave and changes to EI as part of pandemic recovery

A new report is urging the federal government to introduce new types of leave and make broad changes to employment insurance. The report, by the YWCA Canada…

  • By: Staff
  • July 30, 2020 November 12, 2020
  • 08:45
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Fed sees dim economic outlook as virus squeezes economy

Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending…

Canadian DB plans see upsurge in second quarter: report

Canadian DB plans see upsurge in second quarter: report

Canadian defined benefit pension plans experienced an upsurge in the second quarter of 2020, posting a median return of 9.6 per cent, according to RBC…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 15:15
People Corporation adding Aon alums Siddall, Bell

People Corporation adding Aon alums Siddall, Bell

People Corporation Inc. is appointing two Aon alums to its team, effective July 31. Kim Siddall is vice-president of enterprise consulting for the West and Kevin Bell is…

  • By: Staff
  • July 29, 2020 November 12, 2020
  • 15:15