BE Responsive Newsletter

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FSRA outlines risk model to avoid pension plan investment turmoil, risks
The FSRA's role isn't to set investment strategy or risk appetite, but to assess whether pension plan sponsors’ governance and risk management activities are appropriate and effective, said the organization's chief pension risk officer, during a conference on Monday.

28% of employers expecting increased employee turnover in 2024: survey
Respondents estimated it costs, on average, $30,674 annually to replace an employee, according to a survey by Express Employment Professionals.

Ontario Teachers’ making key appointments on investment team
The pension fund is appointing Bernard Grzinic as executive managing director of capital markets, Steve Saldanha as executive managing director of total fund management and Robert Sturgeon as senior managing director of global investment strategy.

Expert panel: An update on regulatory oversight of pension risk management
In January 2022, the OSFI released a consultation paper that included adopting a principles-based approach to pension risk management that could be adapted to the individual circumstances of each plan.

Question of the Week

How can genetics help employees understand and act on disease risks?

Answer from Corissa Androich, Senior Program Manager and Genetic Counsellor, TELUS Health Care Centres

How employers can support sandwich generation caregivers
Employers can support sandwich generation caregivers by providing extensive well-being benefits, flexibility and leadership training, says Gallagher's Michael Mousseau.

Kodak outsourcing US$1.6TN of pension assets to maximize overfunded status
The organization said as at Dec. 31, 2022, the fair value of plan assets was approximately $3.7 billion, with the projected benefit obligation of the plan at approximately $2.5 billion, representing an overfunded status of approximately $1.2 billion.

People Watch

Visit People Watch Page for more.

Conferences

Visit Conferences for more.

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