BE Responsive Newsletter

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Leadership changes at the AIMCo could impact credibility, independence: expert
The AIMCo has appointed Ray Gilmour, a public servant in Alberta with a banking and financial services background, as interim CEO, with Alberta’s finance minister Nate Horner serving as the investment organization’s sole director and chair until a new board chair is appointed.

Canadian health benefits cost trend increasing to 7.4% in 2025: report
The top medical conditions driving health benefits plan costs are diabetes, autoimmune diseases (excluding diabetes), mental health, lung disorders/respiratory and cardiovascular and weight loss, according to a new report by Aon.

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 TDFs to not just protect against standard inflation, but inflation shocks as well, said BlackRock’s Nick Nefouse, during Benefits Canada’s 2024 DC Investment Forum.

Alberta government facing backlash after changing terms of public sector pension plans
In 2021, the AIMCo began managing investments for several pension plans in the province as part of a ministerial order that Alberta Finance Minister Travis Toews enacted, after 2020 deadlines for investment management agreements between the plans and the AIMCo passed with no result.

Question of the Week

What role does an Employee Assistance Plan (EAP) play in supporting employee health?

Answer from Michael Bradie, Vice President, Market Development and Growth, Health Solutions, Sun Life Canada

Employees' online searches for burnout symptoms up 50% in 2024: report
Toronto workers had one of the highest burnout rates worldwide when looking at online sentiment, with 710 burnout term searches per month, followed by Montreal at 540, according to a new study by Instant Offices.

How would a national drug pooling program impact employer-sponsored benefits plans?
More than 70% of Canadians rely on employer-sponsored health benefits for private drug coverage, said The Consulting House’s Edward Sabat, noting private plans cover three times as many new medications and can grant access in half the time compared to government plans.

Events

People Watch

Visit People Watch Page for more.

Conferences

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