BE Responsive Newsletter

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TTC Pension Plan on track to remove surprises from risk assessment
FROM THE MAGAZINE: In the institutional investment sector, risk management means thinking about a lot of doom and gloom, but for Danny Ip, the job is more about being prepared for what could happen tomorrow rather than forecasting what storms lie ahead.

FSRA's proposed rule could increase fairness in division of pension benefits during marriage breakdown: expert
The FSRA is currently seeking feedback on a proposed family law rule intended to reduce uncertainty around some administrative and technical matters, improve efficiency in the valuation and division process and provide flexibility to spouses and plan administrators.

Half of global institutional investors believe recession is inevitable: survey
However, the percentage of respondents that no longer see recession anywhere on the horizon has more than doubled — from 15% a year ago to 37% this year, according to Natixis Investment Managers’ 2024 outlook survey.

FSRA releases final guidance on impact of marriage breakdown on pension benefits
In 2021, the FSRA clarified that pension assets are to be valued based on the applicable family law legislation, often the jurisdiction in which the parties last resided together prior to separation — with pension assets to be divided based on the rules of the jurisdiction where the pension was earned.

Question of the Week

Using artificial intelligence: how to protect clients, members and partners?

Answer from Véronique Tremblay, Data Scientist Responsible AI Expert, Beneva

Top 5 HR, benefits, pension and investment stories of the week
An article on how Ontario's proposed pay transparency legislation will impact employers was the most-read story on BenefitsCanada.com over the last week.

Magna, Unifor agreement includes multiple benefits gains
The benefits gains include: vision coverage, from $250 every two years to $400; a rise in the basic annual dental maximum, from $1,600 to $1,900; an increase in annual orthodontic coverage, from $2,200 to $2,500; a rise in dispensing fee coverage, from $9 to $11; and extended coverage for the Shingrix vaccine.

People Watch

Visit People Watch Page for more.

Conferences

Visit Conferences for more.

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