Diversified pooled fund managers posted a median return of 2.8% before management fees in the fourth quarter of 2015, according to Morneau Shepell. Its latest Performance Universe of Pension Managers’ Pooled Funds study, which is based on the returns provided by leading portfolio managers, ranging from independent investment management firms to insurance companies, trust companies and financial […]
Morneau Shepell maintains a database that covers literally all of the defined benefit (DB) pension plans for which the firm performs a funding valuation. The database contains detailed data on hundreds of DB pension plans covering more than a half million active and retired DB members. The 2015 edition of this database, which was recently completed, yields […]
Indispensable and beneficial for some but unnecessary and expensive for others, paramedical services are an integral part of most group insurance plans in Canada. So should plan sponsors, always keen to optimize plan cost management, be concerned about the rise in the use of paramedicals in recent years? According to data from the latest Sanofi […]
Employers aren’t doing all they can to help employees make a smooth shift to retirement. Neglecting to properly phase employees out of the workforce is, at the very least, a missed opportunity for employers and, in certain cases, a threat to productivity and profitability. Current Levels of Support A recent Morneau Shepell survey asked Canadian […]
In any given week, at least half a million Canadian employees miss work due to a mental illness, reports the Centre for Addiction and Mental Health. This includes about 355,000 disability cases due to mental and/or behavioural disorders and roughly 175,000 full-time workers absent due to mental illness, based on research from Dewa, Chau and […]
Whether Prime Minister Justin Trudeau’s promise to enhance the CPP can shift from being a mere campaign pledge to becoming reality hinges on the provinces—and especially on Quebec. As the first province to approve the federal government’s pooled registered pension plan (PRPP) and set a deadline for implementation, Quebec is being watched closely by other […]
The majority of expatriates are executives who take foreign assignments at their employers’ request. They’re generally well compensated in exchange for temporarily pulling up stakes. But money isn’t enough. Employers shouldn’t underestimate the adjustment involved in relocating. To improve the odds of a successful posting, companies must assist expats before, during and after the transition. […]
October is Canada's Healthy Workplace Month.
It’s a concept large companies are now familiar with: employees’ mental health has a direct impact on morale and productivity. While at least some large Canadian employers have started adopting mental health strategies in recent years, small and mid-size companies are lagging behind. This needs to change, Ontario Minister of Labour Kevin Daniel Flynn said […]
Here's a look at the people on the move in July 2015.