Latest news in Benefits Canada Archive

Which DC plan default funds are better for retirement outcomes?

Which DC plan default funds are better for retirement outcomes?

In a world increasingly moving to defined contribution pension plans, an effective default fund is key since many workers won’t make active decisions about the…

  • By: Staff
  • November 19, 2019 November 11, 2020
  • 09:51
72% of workers feel employers too tolerant of ‘toxic’ employees: survey

72% of workers feel employers too tolerant of ‘toxic’ employees: survey

Almost three in four (72 per cent) employees wish their employers were less tolerant of so-called toxic employees, according to a new survey by leadership development…

  • By: Staff
  • November 19, 2019 November 11, 2020
  • 08:45
Western Forest Products, union at impasse over LTD benefits, wages

Western Forest Products, union at impasse over LTD benefits, wages

Western Forest Products Inc. says negotiations with the United Steelworkers union representing workers in a long-running coastal B.C. strike ended without resolution on the weekend.…

Caisse regrouping private equity activity under Charles Émond

Caisse regrouping private equity activity under Charles Émond

The Caisse de dépôt et placement du Québec is regrouping all of its private equity activities in Quebec and abroad under the leadership of Charles Émond,…

  • By: Staff
  • November 18, 2019 November 12, 2020
  • 15:30
Brand discount cards increase costs to private insurers by 46%: study

Brand discount cards increase costs to private insurers by 46%: study

As the popularity of brand discount cards grows among Canadians, how much are people actually saving? And what’s the cost to insurers? In a study published…

  • By: Staff
  • November 18, 2019 November 11, 2020
  • 10:31
Federal court certifies veterans’ class action for delay on pension benefits

Federal court certifies veterans’ class action for delay on pension benefits

The Federal Court has certified a $100 million class action brought by former members of the Canadian Armed Forces reserves who alleged that the government…

Study finds personality traits play role in how retirees spend savings

Study finds personality traits play role in how retirees spend savings

While debt loads and plans for leaving an inheritance affect how quickly people spend their retirement savings, personality could also play a significant role, according…

  • By: Staff
  • November 18, 2019 November 12, 2020
  • 09:00
Digital mental-health company appoints Karen Adams

Digital mental-health company appoints Karen Adams

Digital mental-health platform Snapclarity is appointing Karen Adams as its chief commercial and health innovation officer. Previously, Adams was president of Cira Health Solutions and executive vice-president…

  • By: Staff
  • November 15, 2019 November 12, 2020
  • 15:15
Alberta pension plan split not about efficiency, says former CEO of AIMCo

Alberta pension plan split not about efficiency, says former CEO of AIMCo

The former chief executive officer of the organization that would administer a separate Alberta pension plan says the proposed switch from the Canada Pension Plan doesn’t…

Shifts underneath the surface of institutional alternative asset allocations

Shifts underneath the surface of institutional alternative asset allocations

While the amount of alternative assets in institutional portfolios is holding relatively steady, the type of investments making up allocations to alternatives are shifting. Current…

  • By: Staff
  • November 15, 2019 November 11, 2020
  • 09:44

Toronto Transit Commission settles benefits fraud lawsuit

The Toronto Transit Commission has settled a 2016 lawsuit against its insurer for the alleged failure to detect a benefits fraud scheme involving orthotics store Healthy Fit…

  • By: Staff
  • November 15, 2019 December 3, 2020
  • 09:15
Pension Podcast: Institutional investors urged to consider bottom-up approach to India

Pension Podcast: Institutional investors urged to consider bottom-up approach to India

With India attracting the attention of Canadian pension plans, what opportunities and risks exist in the country? Across all asset classes, 2018 saw US$47 billion…

Less than 12% of senior roles in alternatives industry held by women, research finds

Less than 12% of senior roles in alternatives industry held by women, research finds

In 2019, more women are working in private capital and hedge funds than there were two years prior. However, a significant gender imbalance remains at…

  • By: Staff
  • November 15, 2019 November 11, 2020
  • 08:33
SSQ partners with Haleo, MindBeacon on digital CBT

SSQ partners with Haleo, MindBeacon on digital CBT

SSQ Life Insurance Co. Inc. is partnering with Haleo and MindBeacon Software Inc. to offer digital cognitive behavioural therapy to group insurance plan members. Both companies offer online CBT, with Haleo’s tool focusing…

  • By: Staff
  • November 14, 2019 November 12, 2020
  • 15:30
Half of Canadians confident they can manage investments in retirement: survey

Half of Canadians confident they can manage investments in retirement: survey

Many Canadians are interested in learning more about how to manage their money as they make the transition to retirement, according to a new survey by…

  • By: Staff
  • November 14, 2019 November 12, 2020
  • 15:20
HumanisRx launches medication optimization program

HumanisRx launches medication optimization program

Medication-related issues are negatively affecting employees’ health, causing them to take extended leaves from their jobs and leading to high benefits and disability costs for…

  • By: Staff
  • November 14, 2019 November 12, 2020
  • 15:00
Ivanhoé Cambridge invests in German office real estate vehicle

Ivanhoé Cambridge invests in German office real estate vehicle

Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is acquiring a strategic equity stake in German real estate…

  • By: Staff
  • November 14, 2019 November 11, 2020
  • 11:34
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Digging into equities in developed Asia and the Pacific

Japanese Prime Minister Shinzō Abe’s economic policies, known as ‘Abenomics,’ have led to big improvements in corporate governance in the country, says Iain Campbell, a…

  • By: Yaelle Gang
  • November 14, 2019 December 13, 2020
  • 10:27
CPPIB posts 2.3% return in Q2, reaching $409.5 billion in assets

CPPIB posts 2.3% return in Q2, reaching $409.5 billion in assets

The Canada Pension Plan Investment Board saw a 2.3 per cent return, net of all costs, in the second quarter of its 2020 fiscal year…

Proposed changes to Ontario drug rules target generics pricing, biosimilar listing process

Proposed changes to Ontario drug rules target generics pricing, biosimilar listing process

Ontario has proposed amendments to provincial drug regulations that aim to change the pricing model for generic drugs and simplify the process for the province’s…

  • By: Staff
  • November 14, 2019 November 12, 2020
  • 09:00
Half of Canadians consider employer’s commitment to charity, community: survey

Half of Canadians consider employer’s commitment to charity, community: survey

Half (50 per cent) of employees said they considered their employer’s reputation for charitable and community work before accepting their position, according to a new…

  • By: Staff
  • November 13, 2019 November 12, 2020
  • 15:15
CLHIA, extended health-care professionals launch private insurance guide

CLHIA, extended health-care professionals launch private insurance guide

The Canadian Life and Health Insurance Association has published a guide to help health-care providers and patients understand private health insurance. The guide, released during financial…

  • By: Staff
  • November 13, 2019 November 12, 2020
  • 15:00
Hedge fund, private equity managers to see uptick in incentive awards, while other Wall Street pros to see slump

Hedge fund, private equity managers to see uptick in incentive awards, while other Wall Street pros to see slump

While year-end incentive payments have been on the rise over the past few years, 2019 could be different. Analysis from Johnson Associates, Inc., a compensation…

  • By: Staff
  • November 13, 2019 November 11, 2020
  • 08:45
Do flex hours, sick leave offerings impact retirement savings?

Do flex hours, sick leave offerings impact retirement savings?

Flexible working hours, paid sick leave and vacation could have a positive correlation with retirement savings levels, according to a new study. The research, led by Patricia…

  • By: Staff
  • November 13, 2019 November 12, 2020
  • 08:40

Michael Sabia leaving Caisse to head University of Toronto’s Munk School

The chief executive of the Caisse de depot et placement du Quebec is stepping down from the pension fund manager to become head of the…