Latest news in Benefits Canada Archive

Proposed Alberta Pension Plan has underwriting, political risks: report

Proposed Alberta Pension Plan has underwriting, political risks: report

A potential Alberta Pension Plan would expose Albertans to material underwriting risks and the potential for political involvement in decisions about the plan’s investment policy,…

  • By: Staff
  • January 13, 2020 November 30, 2020
  • 09:15
123065338-123RF

The importance of understanding assumptions in financial innovation

By looking at what went wrong with financial innovations of the past, investors can learn how to protect themselves and look for opportunities going forward,…

Fees, member communications top priorities for U.S. DC plans in 2020: survey

Fees, member communications top priorities for U.S. DC plans in 2020: survey

For the fourth consecutive year, reviewing fees is the most important step defined contribution plan sponsors are taking to improve their fiduciary positions, with fees…

  • By: Staff
  • January 10, 2020 November 30, 2020
  • 15:15
SC Insurance and RRJ Benefits form joint venture

SC Insurance and RRJ Benefits form joint venture

Two group benefits firms in the Greater Toronto Area have joined forces to strengthen growth and innovation in the benefits and insurance industry. The new…

  • By: Staff
  • January 10, 2020 November 12, 2020
  • 15:00
136117685-123RF

Fees, member communications top priorities for DC plans in 2020: survey

For the fourth consecutive year, reviewing fees is the most important step defined contribution plan sponsors are taking to improve their fiduciary positions, with fees…

  • By: Staff
  • January 10, 2020 December 13, 2020
  • 14:00
97928423-123RF

A look at designing and implementing long-term pension investment mandates

With any pension investment, plan sponsors must follow the same steps: set a policy, select asset managers and ensure strong governance, monitoring and evaluation. Pension…

  • By: Staff
  • January 10, 2020 December 13, 2020
  • 10:13
Canada’s gender wage gap worse when including certain demographic traits: report

Canada’s gender wage gap worse when including certain demographic traits: report

Although Canada has a wide range of federal and provincial legislation intended to ensure Canadians can benefit from the labour market equally, gender wage gaps continue…

  • By: Staff
  • January 10, 2020 November 12, 2020
  • 09:30
Four more employers join CAAT’s DBplus pension plan

Four more employers join CAAT’s DBplus pension plan

Four more employers have joined the College of Applied Arts and Technology pension plan’s DBplus. In total, more than 1,000 new members from the Catholic Charities of…

  • By: Staff
  • January 10, 2020 November 30, 2020
  • 09:15

One in four Canadians taking on caregiving responsibilities: StatsCan

In 2018, 25 per cent of Canadians, or 7.8 million people, aged 15 and older provided care to a family member or friend with a…

The challenges of benchmarking infrastructure in a pension portfolio

The challenges of benchmarking infrastructure in a pension portfolio

Canadian pension funds’ median allocations to infrastructure are higher than their global counterparts, with these allocations increasing significantly since 2010. In fact, according to data…

42617339-123RF

Are the days of monetary policy coming to an end?

The days of monetary policy as the most effective tool for stimulating the economy are over, as central banks around the world are increasingly limited…

Monetary policy no longer the best tool for supporting economic growth

Monetary policy no longer the best tool for supporting economic growth

The days of monetary policy as the most effective tool for stimulating the economy are over, as central banks around the world are increasingly limited in the…

More employers offering financial well-being benefits: survey

More employers offering financial well-being benefits: survey

Financial well-being benefits are on the rise in North America, according to a new survey by WorldatWork. Among the companies surveyed, 70 per cent said they currently…

  • By: Staff
  • January 9, 2020 November 30, 2020
  • 09:15
Nortel pensioners lose $200M refund battle with Ontario’s PBGF

Nortel pensioners lose $200M refund battle with Ontario’s PBGF

Ontario’s pension benefits guarantee fund has successfully reclaimed some $200 million from monies allocated to pensioners in Nortel Networks Corp. bankruptcy proceedings. The silver lining…

Ontario Teachers’ selling minority interests in Brussels Airport

Ontario Teachers’ selling minority interests in Brussels Airport

The Ontario Teachers’ Pension Plan is selling minority interests of its indirect stake in the Brussels Airport to Japan’s Government Pension Investment Fund and NSW…

  • By: Staff
  • January 8, 2020 November 12, 2020
  • 15:15
OMERS names new chief pension officer

OMERS names new chief pension officer

The Ontario Municipal Employees Retirement System is naming Annesley Wallace as its new chief pension officer. Wallace has been with the OMERS pension services team…

  • By: Staff
  • January 8, 2020 November 30, 2020
  • 09:45
‘War for talent’ to drive employers’ total rewards strategy in 2020

‘War for talent’ to drive employers’ total rewards strategy in 2020

Strong competition to attract and retain talent will drive employers to adopt holistic employee wellness strategies in 2020, according to the Workforce Institute at Kronos…

Mat leave returnees no longer facing reset of LTD pre-existing clause

Mat leave returnees no longer facing reset of LTD pre-existing clause

Major Canadian insurers are no longer resetting the long-term disability pre-existing condition clause for women whose benefits coverage lapsed during their maternity leave when they return…

79877109-123RF

MSCI adds ESG and factors indexes to fixed income offerings

MSCI Inc. is launching 15 new fixed income indexes, with factor investing and ESG at their core. This will include two new indexes relating to…

  • By: Staff
  • January 8, 2020 December 13, 2020
  • 08:54

Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of…

  • By: Staff
  • January 8, 2020 December 13, 2020
  • 08:48
Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Former Ontario Teachers’ CEO appointed senior fellow at C.D. Howe Institute

Ron Mock, who recently retired as the president and chief executive officer of the Ontario Teachers’ Pension Plan, has been appointed a senior fellow of the…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 15:15
LiUNA pension fund acquiring mixed-use real estate in Toronto

LiUNA pension fund acquiring mixed-use real estate in Toronto

The Laborers’ International Union of North America’s Central and Eastern Canada Pension Fund and Freed Developments Ltd. are jointly acquiring a mixed-use site in Toronto. Fengate Asset…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 15:00
Ontario Teachers’ investing in European digital health-care provider

Ontario Teachers’ investing in European digital health-care provider

The Ontario Teachers’ Pension Plan is leading a US$155-million round of financing for KRY, a European digital health-care provider. The financing was made through the Teachers’…

  • By: Staff
  • January 7, 2020 November 12, 2020
  • 09:30
New U.S. law may encourage businesses to offer retirement plans

New U.S. law may encourage businesses to offer retirement plans

A new law expanding retirement plan options for small businesses may encourage more American companies to offer the benefits to their workers. The Setting Every…

Starbucks offering meditation app to all Canadian employees

Starbucks offering meditation app to all Canadian employees

Starbucks Canada is giving its more than 23,000 employees a free subscription to meditation app Headspace. In total, more than 200,000 employees across North America are receiving access…

  • By: Staff
  • January 6, 2020 November 12, 2020
  • 15:00