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Top 5 HR, benefits, pension and investment stories of the week

An article on incoming changes to Nova Scotia’s provincial Pension Benefits Act was the most-read story on BenefitsCanada.com this past week. Here are the top five…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00
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Expert panel: How employers can support managers to effectively champion employee mental health

Most employees have experienced the powerful impact, whether positive or negative, that a manager can have on their work experience and overall well-being. As conversations…

Editorial: Prioritizing plan sponsor perspectives

The weather is shifting, with the wet November wind blowing away the crisp October sunshine. While this time of year is characterized by the change…

Cancer treatments represented a third of medicines in clinical trials in 2023: report

Cancer treatments represented 33 per cent of medicines in all phases of clinical trials in 2023, followed by treatments for infectious diseases (13 per cent)…

  • By: Staff
  • November 15, 2024 November 14, 2024
  • 09:00

Head to head: Are employers’ financial literacy initiatives translating into reality?

One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…

How Meridian’s financial wellness offerings benefit employees, organization as a whole

As a financial institution that provides banking and wealth management services to customers, Meridian Credit Union ensures it also offers employees a comprehensive suite of…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:58

2024 Top 40 Money Managers Report: To divest or engage?

With 15 different client organizations, including nine public sector pension plans, the Alberta Investment Management Corp. has opted to engage, rather than divest, from certain…

  • By: Blake Wolfe
  • November 15, 2024 November 22, 2024
  • 08:57

How benefits plan sponsors, insurers are managing newer — and effective — GLP-1 medications

With lyrics adapted to the tune of ‘Magic’ by Scottish pop group Pilot, the melody of ‘Oh, Oh, Oh, Ozempic’ is splashed across U.S. televisions…

How Mexico’s reformed pension system is improving workers’ retirement security

Earlier this year, Mexico’s senate approved the creation of a new pension fund to help provide more retirement security for low-income citizens. The reform aims…

  • By: Sadie Janes
  • November 15, 2024 November 13, 2024
  • 08:54

The Calgary Foundation using alternatives to push beyond its comfort zone

In the years following the 2008/09 financial crisis, Dan Langlois realized the allocation strategy for the Calgary Foundation’s endowment portfolio needed a significant adjustment if…

Q&A with Hoffmann-La Roche’s Rana Kassab

The pharmaceutical company’s director of benefits and recognition discusses the needs of a multigenerational workforce, the role of diversity, equity and inclusion in benefits plans…

  • By: Blake Wolfe
  • November 15, 2024 November 13, 2024
  • 08:53
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38% of U.S. institutional investors incorporating ESG into investment decisions: survey

Roughly two-fifths (38 per cent) of U.S. institutional investors say they incorporate environmental, social and governance factors into investment decisions, according to a new survey…

  • By: Staff
  • November 14, 2024 November 12, 2024
  • 11:00
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UN’s Net-Zero Asset Owner Alliance reports more institutional investors adopting intermediate decarbonization targets

The United Nations’ Net-Zero Asset Owner Alliance is reporting that 81 of its institutional investor members, representing combined assets under management of US$9.4 trillion, have…

  • By: Staff
  • November 14, 2024 November 11, 2024
  • 09:00
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How CAPSA’s fee transparency guidance is impacting plan sponsors

The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…

  • By: Blake Wolfe
  • November 14, 2024 November 13, 2024
  • 09:00
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Ellement merging with George & Bell Consulting

Winnipeg-based Ellement Consulting Group is merging with Vancouver-based George & Bell Consulting Inc. The combined firm, which will operate under the Ellement banner effective Jan.…

  • By: Staff
  • November 13, 2024 November 11, 2024
  • 15:00
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Canadian employers reducing office space due to hybrid work, passing savings onto workers: survey

Nearly three-quarters (74 per cent) of Canadian employers have reduced the size of their office footprint by embracing hybrid work and allowing employees to work…

  • By: Staff
  • November 12, 2024 November 12, 2024
  • 15:00
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Ratio of asset value to benefit obligation up 1.2% for Canadian DB pension plans in Q3 2024: report

The ratio of the market value of assets to the projected benefit obligation for a hypothetical benchmark plan changed little for global defined benefit pension…

  • By: Staff
  • November 12, 2024 November 7, 2024
  • 11:00
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Only 16% of Canadian employers have implemented pay transparency strategy: survey

Only 16 per cent of Canadian employers have implemented a pay transparency strategy, while 41 per cent have strategies in development and 22 per cent…

  • By: Staff
  • November 12, 2024 November 8, 2024
  • 09:00
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Canadian sustainability investment standards to launch in December

The Canadian edition of an international set of sustainability investment disclosure standards will be officially released in December, according to the Canadian Sustainability Standards Board.…

  • By: Staff
  • November 11, 2024 November 11, 2024
  • 15:00

Amazon supporting Canadian veterans through ERG, employee programs

Amazon Canada is supporting Canadian veterans through a dedicated employee resource group as well as paid leave and various veteran-specific programs. The Warriors at Amazon…

  • By: Blake Wolfe
  • November 11, 2024 February 7, 2025
  • 09:00
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Nova Scotia to allow unlocking of pension benefits

The Nova Scotia government is updating the provincial Pension Benefits Act to allow the unlocking of pension benefits. Effective April 1, 2025, plan members aged…

  • By: Staff
  • November 11, 2024 November 8, 2024
  • 09:00
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Alberta government fires AIMCo CEO, board, citing rising costs and poor performance

Alberta’s finance minister has sacked the chief executive officer and entire board of directors of the Alberta Investment Management Corp., the Crown corporation that manages…

Top 5 HR, benefits, pension and investment stories of the week

An article on Samsung Electronics Co. Ltd.’s win in the Health/Wellness Program category for employers with fewer than 1,000 employees at Benefits Canada’s 2024 Workplace Benefits Awards was…

  • By: Staff
  • November 8, 2024 November 7, 2024
  • 09:00

Canadian pension risk transfer sales decrease to $2.1BN in Q3 2024: report

The market volume of annuity purchases by Canadian defined benefit pension plan sponsors reached an estimated $2.1 billion in the third quarter of 2024, a…

  • By: Staff
  • November 7, 2024 November 8, 2024
  • 11:00

What could a second Trump presidency mean for Canadian institutional investors?

While an arduous U.S. presidential election cycle may have created some market volatility, any uncertainties among Canadian institutional investors may begin to wane following Donald…