Latest news in Benefits Canada News

What do employers need to know about monitoring employees in remote, hybrid working arrangements?

While Canadian privacy laws allow employers to track employees in a remote or hybrid working arrangement, this surveillance must be related to their job. “Employers…

Claims for fertility drugs rose 12% among female plan members over five years: report

The percentage of female benefits plan members using fertility drugs rose by roughly 12 per cent between 2019 and 2023, according to a new report…

  • By: Staff
  • November 6, 2024 November 6, 2024
  • 15:00
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CPPIB investing US$515M in gaming service provider, AIMCo acquiring U.K.-based real estate development

The Canada Pension Plan Investment Board is investing roughly US$515 million to acquire a 24.5 per cent stake in video games service provider Keywords Studios.…

  • By: Staff
  • November 6, 2024 November 5, 2024
  • 15:00

HOOPP’s focus on cross-collaboration in mental health leads to award win

The Healthcare of Ontario Pension Plan’s extensive benefits coverage and focus on cross-collaboration landed the company a win in the Mental Health Program category for…

  • By: Sadie Janes
  • November 6, 2024 November 6, 2024
  • 09:00
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Innovative Medicines Canada calling on feds to clarify impact of pharmacare on private drug plans

Innovative Medicines Canada is calling on the federal government to introduce amendments to Bill C-64 that clarify the impact on all aspects of Canadians’ drug…

Coverage of the 2024 DC Investment Forum

The volatile global conditions of the last four years have culminated in a looming economic downturn, impacting defined contribution pension plan sponsors and members alike.…

2024 DC Investment Forum: Young Canadians’ retirement savings at mercy of housing market, government inaction

Young Canadian employees are facing a series of headwinds stemming from rising housing costs and decades of inaction by the federal government to support retirement…

  • By: Blake Wolfe
  • November 6, 2024 October 30, 2024
  • 07:59

2024 DC Investment Forum: Three tips for picking the right target-date fund

With defined contribution pension plan assets expected to double in the near term and members now using target-date funds at “unprecedented” rates, plan sponsors need…

2024 DC Investment Forum: Investing in appropriate TDFs can lead to higher than average account balances

The majority of Canadian defined contribution plan members are invested in the appropriate target-date fund vintage and those who are may be better prepared for…

2024 DC Investment Forum: Financial advice ‘paramount’ to DC plan members’ success as they save for, enter retirement

Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment…

2024 DC Investment Forum: New decumulation product combining income predictability with capital availability

Pension plan members’ primary concerns about their golden years are whether they’ve saved enough money to live their dream retirement, whether those funds will last…

2024 DC Investment Forum: The importance of ESG factors in bond investing

Rising food, energy and housing prices aren’t just pocketbook issues for consumers or election fodder for politicians, they’re also social risk factors, indicators of a…

2024 DC Investment Forum: Addressing inflation risk through DC plan members’ working lives

The rapid rise in the cost of living in 2022 and into 2023 underscored the need for target-date funds to not just protect against standard…

2024 DC Investment Forum: Panel: How employers are supporting plan members’ investment decisions amid rising cost of living

The rising cost of living in the post-pandemic era has impacted all aspects of employees’ financial wellness, including retirement savings. In 2023, Hofmann-La Roche Ltd.…

  • By: Blake Wolfe
  • November 6, 2024 November 22, 2024
  • 07:51
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61% of Canadians afraid of running out of money in retirement: survey

Nearly two-thirds (61 per cent) of Canadians say they’re afraid of running out of money in retirement, according to a new survey by the Canada…

  • By: Staff
  • November 5, 2024 November 4, 2024
  • 15:00

Desjardins promoting financial literacy through personalized advice, program for young workers

During Financial Literacy Month and throughout the entire year, Desjardins Group is promoting financial literacy by offering employees personalized financial advice, as well as hosting…

  • By: Sadie Janes
  • November 5, 2024 November 5, 2024
  • 09:00

Peel Region’s extensive collection of data leads to mental-health win

Peel Region’s extensive collection of data and strong results led to a win in the Mental Health Program category for employers with more than 1,000…

  • By: Sadie Janes
  • November 5, 2024 November 6, 2024
  • 09:00
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CAP member outcomes continue to rise in Q3 2024: report

Despite declining annuity rates, Canadian capital accumulation plan members retiring at the end of September experienced some of the best outcomes in more than 13…

  • By: Staff
  • November 4, 2024 November 5, 2024
  • 15:00

Beneva achieves legacy recognition for industry leadership with award win

Éric Trudel’s long leadership and oversight tenure across roles in the insurance industry resulted in a win at Benefits Canada’s 2024 Workplace Benefits Awards on…

Survey finds 83% of gen Z frontline workers feel burned out

The majority (83 per cent) of generation Z frontline workers say they feel burned out, compared to 75 per cent of all frontline employees, according…

  • By: Staff
  • November 1, 2024 November 1, 2024
  • 15:00
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Top 5 HR, benefits, pension and investment stories of the week

An article on Amazon Canada’s win in the Financial Wellness Program category at Benefits Canada’s 2024 Workplace Benefits Awards was the most-read story on BenefitsCanada.com this past week. Here are…

  • By: Staff
  • November 1, 2024 October 31, 2024
  • 09:00

Samsung’s multi-faceted well-being strategy leads to award win

Samsung Electronics Co. Ltd.’s multi-faceted approach to employee well-being took home the top prize in the Health/Wellness Program category for employers with fewer than 1,000…

  • By: Blake Wolfe
  • November 1, 2024 October 23, 2024
  • 09:00
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How are political tensions between Canada, India impacting institutional investors?

While political tensions have recently flared between Canada and India, institutional investors are unlikely to adjust their capital allocation to the country, says Partha Mohanram,…

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Average Canadian DB pension plan returns 5.1% in Q3 2024: report

The average Canadian defined benefit pension plan returned 5.1 per cent during the third quarter of 2024, an increase from 1.1 per cent in the…

  • By: Staff
  • October 31, 2024 October 30, 2024
  • 11:00