BE Responsive Newsletter

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Expert panel: What does 2024 hold in store for the pension industry?

Expert panel: What does 2024 hold in store for the pension industry?
Key questions surrounding the state of the economy remain that will have significant implications for pension stakeholders in 2024, including the purchasing power of retirees’ pension income, the size of balances in capital accumulation plans and the funded status of DB pension plans.

28% of global employees planning to leave their employer within the next year: survey

28% of global employees planning to leave their employer within the next year: survey
Nearly two-thirds (63%) of respondents cited pay/compensation as their No. 1 reason for seeking a new job, followed by benefits and perks (28%), work-life balance (26%), doing work they enjoy (20%) and better career/learning opportunities (17%), according to a new survey by the Boston Consulting Group.

Survey finds fewer Canadian employees working longer hours pre-, post-vacation

Survey finds fewer Canadian employees working longer hours pre-, post-vacation
By November 2023, 31% of workers said they’d used all their allotted vacation time for the year — a slight increase from 29% in 2022 but well below pre-coronavirus pandemic figures (48%), according to a new survey by ADP Canada.

Expert panel: How interest rates impact DB pension plans

Expert panel: How interest rates impact DB pension plans
While many DB plans are in their best financial positions in decades, largely due to the dramatic rise in interest rates over the past few years, decreases in interest rates could pose a major risk for many plans.

My Take: Obesity should be treated like other chronic conditions under benefits plans

My Take: Obesity should be treated like other chronic conditions under benefits plans
According to the Canadian Adult Obesity Clinical Practice Guidelines, the three pillars of evidence-based obesity treatment iCBT, pharmacotherapy and bariatric surgery.

Changes to CPP, QPP deductions taking effect this month

Changes to CPP, QPP deductions taking effect this month
"The primary objective of these changes is to strengthen benefits and enhance overall financial stability for prospective retirees," says Assante Financial Management’s Alim Dhanji.

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