BE Responsive Newsletter

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Saskatchewan arbitrator sides with Canadian Blood Services in pension contributions case
“The decision recognizes that mistakes happen in administering pension plans and that administrators can take steps to fix those errors,” says Brown Mills Klinck Prezioso's Lindsay McLeod, noting it’s a good reminder about the importance of employers and sponsors communicating clearly when explaining pension issues.

Association of Professors of the University of Ottawa, Ontario Confederation of University Faculty Associations joining UPP
Since its inception in July 2021, the UPP has seen a number of other plan sponsors join the plan, including the University of Toronto Faculty Association, the University of Guelph Faculty Association and the Queen’s University Faculty Association.

BCI sells $1 billion worth of private equity holdings to investment firm
Although it’s unclear which assets the BCI intends to sell, last June, Bloomberg also reported the investment manager was considering the sale of roughly $2 billion worth of Europe-focused investments and reducing its U.S. positions.

Question of the Week

Why is it important for employers to understand and implement return to work best practices?

Answer from Marie-Chantal Coté, Senior Vice President, Group Benefits, Sun Life

Court of appeal decision highlights importance of clear pension communications
A 2021 Saskatchewan Court of Appeal decision illustrates the importance of clear communications from pension administrators seeking to avoid liability from lawsuits by claimants alleging they’re entitled to a plan member’s death benefits.

77% of U.K. employees with cancer say their benefits didn't meet their needs: survey
Among those unsatisfied with their benefits, more than half (58%) were male and earned less than £30,000 per year, had worked with their current employer for four to 10 years (54%) or were remote or hybrid workers (52%), according to a new survey by Reframe Cancer.

Flexible working, work-life balance can impact workers' well-being, quality of life: report
Some flexible working arrangements, such as start and finishing times, can help employees balance work and family commitments, while things like long working hours can be more challenging to navigate, according to a report by Statistics Canada.