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74% of U.S. employers planning to consolidate health benefits offerings: survey

Three-quarters (74 per cent) of U.S. employers say they plan to consolidate their health benefits within the next year, according to a new survey by Summus…

  • By: Staff
  • July 5, 2023 July 5, 2023
  • 15:00
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Scotiabank supporting employee well-being by aligning benefits offerings across global markets

Scotiabank is supporting employee well-being and workplace inclusivity by aligning benefits offerings across its global markets. Employees in the majority of countries where Scotiabank operates…

Coverage of the 2023 Benefits & Pension Summit

The annual Benefits & Pension Summit, which was hosted virtually on June 1, is the only Benefits Canada event that brings together health benefits and capital accumulation…

2023 BPS coverage: Preparing CAP members for retirement in a challenging economic environment

High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…

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2023 BPS coverage: TD Bank’s culture of care driving benefits plan enhancements

TD Bank Group credits its culture of care for the recent enhancements to its benefits plan. “We place a great amount of emphasis and focus…

2023 BPS coverage: Millennials expect more from employers, group benefits plans

Since 2016, millennials have made up a larger share of the working population than baby boomers — and today, one in three Canadians of working…

2023 BPS coverage: Diabetes, asthma, ADHD account for high drug claims in 2022

Three main drug categories — diabetes, asthma and stimulants for attention deficit hyperactivity disorder — accounted for rising drug claims in 2022, according to Lavina…

2023 BPS coverage: How Fluor Canada is prioritizing plan members’ financial wellness

Citing a variety of surveys, Terry-Lynn Levy (pictured left), manager of human resources, benefits, wellness and HR information systems at Fluor Canada, said more than a…

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TTC Pension Plan appointing Andy Greene as CIO, James Clarkson as CFO

The Toronto Transit Commission Pension Plan board is appointing Andy Greene as chief investment officer and James Clarkson as chief financial officer and treasurer. As CIO,…

  • By: Staff
  • July 4, 2023 July 4, 2023
  • 12:30

Canadian annuity prices show asymmetrical response to interest rate shifts: experts

Canadian annuity prices have an asymmetrical response to changing interest rates, making it more expensive to de-risk defined benefit pension plans shortly after rates rise,…

Feds consulting on draft amendments to pension legislation for transfer of missing members’ benefits

The federal government is launching a consultation on draft amendments to pension legislation pertaining to the transfer of unclaimed benefits for missing plan members. Under…

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

An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • June 30, 2023 June 29, 2023
  • 09:00

KPMG in Canada supporting workplace DEI with leadership diversity targets, support for new Canadians

KPMG in Canada is aiming to achieve leadership representation of 33 per cent women and 26 per cent Black, Indigenous and people of colour by…

City of Philadelphia employees ordered back to office 5 days per week

The City of Philadelphia is ordering all 26,000 municipal employees back to the office five days per week, according to a report by National Public…

  • By: Staff
  • July 22, 2024 July 18, 2024
  • 15:00

32% of employers say minimum wage hikes result in increased wages across their company: survey

A third (32 per cent) of Canadian employers say mandatory minimum wage hikes result in increased wages across the entire company, according to a new…

  • By: Staff
  • July 22, 2024 July 19, 2024
  • 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

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