BE Responsive Newsletter

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Ontario court sides with IBM in pension benefits rectification case
“The case clarifies that there is a specific test for rectification of pension plans and other unilateral instruments, which differs from the stringent test applied to the rectification of bilateral contracts,” says Osler, Hoskin & Harcourt LLP’s David Stamp.

Diabetes medications remain leading drug category for eligible claims in 2023: report
The growing prevalence of diabetes, along with expanded heart failure treatment indications and continued off-label use for weight loss, led to a 29.4% increase in eligible claim amounts for diabetes medication compared to 2022, according to Telus Health’s annual drug trends report.

43% of U.S. workers would rather get a divorce than return to office: survey
Many workers were more fearful of the prospect of full-time office work than climate change (53%), getting into an accident (41%) and natural disasters, such as earthquakes or hurricanes (41%), according to a new survey by LiveCareer.

Court of Appeal upholds decision in Brewers Retail pension case
“On a practical level, this case involves a unique fact pattern relating to a single-employer pension plan and the possibly non-compliant aspects of pension indexing provisions which first came into effect in 1974,” says Bauslaugh Pensions & Benefits Law’s Randy Bauslaugh.

Careers

Chief Executive Officer

Due to an upcoming retirement, the ACPM has an exciting opportunity for a new Chief Executive Officer to lead the organization going forward.

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion
“Despite the challenges, we have remained agile and focused, ensuring that we continue to meet and exceed the expectations of those who have entrusted us with their financial future,” said WISE Trust’s Christopher Brown.

Expert panel: How institutional investors are adapting to a post-pandemic global economy
The coronavirus pandemic has brought forth a new wave of nationalism in the world, with industries moving back or near to their home countries as seen with Japan and the U.S.

People Watch

Visit People Watch Page for more.

Conferences

Visit Conferences for more.

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