Home News Page 68

Top Stories in News

Copyright_millenius_123RF

Alberta deserves more than half CPP assets if it exits program: report

A report commissioned by the Alberta government estimates the province would be entitled to more than half the assets of the Canada Pension Plan if it…

Copyright_olegback_123RF

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

An article on the 2023 Benefits Canada Healthcare Survey’s findings on plan members’ appreciation of health benefits was the most-read story on BenefitsCanada.com over the last week.…

  • By: Staff
  • September 22, 2023 September 21, 2023
  • 09:00

Half of plan members say coverage of certain benefits limits their ability to seek treatment: survey

Half (51 per cent) of plan members say the coverage levels of at least one of their health benefits limit their ability to seek necessary…

  • By: Staff
  • September 22, 2023 September 21, 2023
  • 09:00

Employers contending with impacts of triple-peak work hours amid rise in flexible working

While flexible working arrangements may render the traditional workday obsolete, concepts like triple-peak work hours may jeopardize the work-life balance employees are seeking. A report…

CPPIB appointing Manroop Jhooty head of total fund management

The Canada Pension Plan Investment Board is appointing Manroop Jhooty as senior managing director and head of total fund management, effective immediately. In the new role,…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 15:00

CPPIB invests in private equity company, Ontario Teachers’ increases stake in Australian markets platform

The Canada Pension Plan Investment Board is extending its investment in Northleaf Capital Partners through an additional $200 million commitment. Private equity investment firm Northleaf…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 11:00

Funded ratio of large U.S. DB pension plans down in August with $98BN funded status decline: report

The funded ratio of the U.S.’s 100 largest defined benefit pension plans dropped slightly in August, from 76.8 per cent as of July 31 to…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 10:30
118722682_l-1

Nova Scotia Labour Board orders St. Mary’s University to resume pension contributions for plan members on LTD leave

The Nova Scotia Labour Board has ordered St. Mary’s University to resume making pension contributions for employees on long-term disability leave, reasoning that the pension…

34% of plan members used virtual health-care services in the last year: survey

A third (34 per cent) of benefits plan members say they’ve received health-care services virtually by phone or computer over the past year, down from…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 09:00

70% of U.S. SMEs standardizing parental leave for all employees: survey

More than two-thirds (70 per cent) of U.S. small- and medium-sized employers that offer parental leave are providing the same leave option to all employees,…

  • By: Staff
  • September 21, 2023 September 20, 2023
  • 09:00

Ontario Teachers’ CIO Ziad Hindo to step down in December

The Ontario Teachers’ Pension Plan’s Ziad Hindo will step down from his role as chief investment officer, effective Dec. 31, 2023. He joined the Ontario…

  • By: Staff
  • September 20, 2023 September 20, 2023
  • 15:00

PMPRB report shows increased plan costs, promising pharmaceutical innovation: expert

A recent report by the Patented Medicine Prices Review Board shows increased growth for private drug plan costs but promising pharmaceutical innovation, says Joe Farago, executive…

  • By: Sadie Janes
  • September 20, 2023 September 20, 2023
  • 09:00
Copyright_sashkin7_123RF

Half of benefits plan members understand their plan extremely or very well: survey

Half (51 per cent) of Canadian benefits plan members say they understand their plan extremely or very well, down from 65 per cent in 2018,…

  • By: Staff
  • September 20, 2023 September 19, 2023
  • 09:00

CPPIB appointing Priti Singh as senior managing director, chief risk officer

The Canada Pension Plan Investment Board is appointing Priti Singh (pictured) as senior managing director and chief risk officer. Singh, who most recently served as…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 15:00

Global employers say parental leave, EAPs among most prevalent minimum employee benefits: survey

The most prevalent minimum employee benefits that are offered by multinational companies are employee assistance programs and life insurance (73 per cent), maternity leave (70…

  • By: Staff
  • July 19, 2024 July 19, 2024
  • 13:30

Canadian green taxonomy plan could boost institutional investments: PIAC

The establishment of a green and transition taxonomy by the federal government will help provide the confidence and transparency that investors need to make decisions…

  • By: Staff
  • July 19, 2024 July 18, 2024
  • 09:00

Canadian pension leaders urging sustainability regulator to modify new disclosure guidelines

In an open letter, leaders from Canada’s biggest pension funds are asking the Canadian Sustainability Standards Board to reconsider a two-year relief period granted to…

  • By: Staff
  • July 18, 2024 July 17, 2024
  • 09:00

Average funded ratio of Canadian DB pension plans up 2% in Q2 2024: report

The funded ratio of the average Canadian defined benefit pension plan grew by two per cent during the second quarter of 2024 and nine per…

  • By: Staff
  • July 17, 2024 July 17, 2024
  • 15:00

Interest rate cut boosts returns from short-term government bonds, credit: report

Returns from short-term Government of Canada bonds and credit are rising due to the easing of interest rates by the Bank of Canada last month,…

  • By: Staff
  • July 15, 2024 July 15, 2024
  • 15:00