As Air Canada seeks approval from the Office of the Superintendent of Financial Institutions to form its own life insurance company, bringing it one step closer to the annuities market, will this move become a trend for large organizations with looming pension payouts? In an email to Benefits Canada, a spokesperson from the airline said the move is […]
Improving the mental health of employees ranks ahead of physical health and wellness as a top priority for human resources leaders for 2019, according to a new survey by Morneau Shepell Ltd. The survey, which polled nearly 400 Canadian organizations, found 48 per cent of HR leaders view improving the mental health of their workforce as a top priority, narrowing passing […]
The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance and the arrival of the investment consultant, while the 2000s featured a mass move to defined contribution plans and significant changes to pension legislation. Through all of that, plan sponsors […]
The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance and the arrival of the investment consultant, while the 2000s featured a mass move to defined contribution plans and significant changes to pension legislation. Through all of that, plan sponsors […]
When staff and faculty at Toronto’s Ryerson University kick back in their lounge, they can, at least in part, thank the institution’s mental-health co-ordinator for the luxury. Natalie Roach, the university’s mental-health co-ordinator, notes this year’s $500,000 rejuvenation of the staff and faculty lounge was part of efforts to help put people first, which is […]
Quebec-based insurance broker Lussier Dale Parizeau Inc. is acquiring employee benefits advisor Trinome Conseils. Following the acquisition, Lussier Dale Parizeau will have nearly 800 employees located in 28 branch offices and serving more than 155,000 employer clients. Trinome Conseils provides group insurance, pension, human resources and occupational health and safety services for employers. Read: Hub International […]
Great-West Life Assurance Co. has made three appointments to its executive team. Karrina Dusablon has joined the company as vice-president of national accounts for its plan sponsor services division. Issa Guindo has been appointed assistant vice-president of group customer data and analytics. And Derrick March has been named vice-president of business development for the group customer practice, […]
With former Sears Canada Inc.’ employees set to see a 30 per cent reduction in their pension benefits beginning Aug. 1, Benefits Canada looks back at the saga. June 2017 — Sears Canada announces it’s seeking protection under the Companies’ Creditors Arrangement Act as it faces a $308.6-million deficit related to its retirement benefit obligations. Read: Sears […]
One in every five Canadian suffers from some form of chronic pain, a condition that often — though not always —starts with an injury or illness and lasts more than three months or beyond the normal recovery period. With so many Canadians suffering from chronic pain, one would assume its treatment would be well understood in […]
There was a lot of news to share from the pension, investment, benefits and human resources industries this month. Here are the 10 most popular online stories of the month: 1. Employer-paid benefits to be subject to new B.C. health tax 2. Ontario government to become second payer under OHIP+ changes 3. Great-West Life’s Jeff […]