IMAX Corp. won the Benefits Plan Communications award at Benefits Canada’s 2024 Workplace Benefits Awards on Oct. 18 for its use of engaging technology tools to educate employees during its benefits plan redesign. The entertainment and technology company was recognized for the steps it took to consider the voice of its employees — through interactive virtual […]
The Investment Management Corp. of Ontario is making its strategic allocation decisions based on a guideline of worldwide events that will shape investment themes for decades to come. Speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference, Nick Chamie (pictured left), the IMCO’s chief strategist and senior managing director of total portfolio […]
Institutional investors are missing opportunities to use artificial intelligence for effective decision-making, according to Ruslan Goyenko, an associate professor of finance at McGill University, speaking during a session at the Canadian Investment Review’s 2024 Risk Management Conference. He urged investment leaders to push beyond traditional fundamentals and open their minds to the use of AI. […]
The funded position of a typical Canadian defined benefit pension plan decreased to 107 per cent in August, down from to 107.8 per cent at the end of July, according to Telus Health’s latest pension index. It found a representative pension plan portfolio returned 0.4 per cent for the month due to strong performances by Canadian equities […]
The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing a modernized and secure member portal, the CSS (No. 2 on the 2024 Top 50 Defined Contribution Plans report) is planning to start leveraging artificial intelligence, says Tami Dove, the […]
In 2016, the Toronto Transit Commission sued its insurer for allegedly not having appropriate benefits fraud controls in place to detect unusual trends or patterns. The lawsuit was settled three years later. In the meantime, 10 people, including nine TTC employees, were convicted in relation to the scheme and more than 250 TTC staff resigned […]
The insurance company’s vice-president and head of human resources discusses embracing artificial intelligence and taking time to sit back, relax and connect with family. Q: What top challenges do you face in your role? A: A core part of my role is ensuring Manulife Canada is constantly evolving and continually looking for different ways to […]
A third (34 per cent) of global institutional investors say they’ve already incorporated or plan to add digital assets to their investment portfolios in the near future, according to a new survey by Northern Trust. The survey, which polled more than 100 institutional investors, found two-thirds (66 per cent) said private assets will benefit the […]
The 2024 Benefits Canada Healthcare Survey highlighted the perfect storm plan sponsors are facing: trying to strike the right balance between competitive benefits and plan sustainability. It’s something that resonates with the benefits leads of three major Canadian employers, who said during Benefits Canada’s report launch event that benefits utilization and meeting the needs of a […]
Nearly two-thirds (63 per cent) of U.S. employees use artificial intelligence tools to double-check their work, instead of tasks such as initial project research and data analysis (46 per cent), according to a new survey by software company Slingshot. The survey, which polled more than 250 U.S. employees and employers, found employees’ basic use of AI […]