A proposed guideline setting out standards for the disclosure of intermediary compensation in group benefits and retirement services could have a big effect on the market. Dave Patriarche, president of Mainstay Insurance Brokerage Inc. and founder of Canadian Group Insurance Brokers Inc., is supportive of compensation disclosure and says the Canadian Life and Health Insurance Association’s new guideline makes […]
Mentoring isn’t on the radar for most chief financial officers in Canada, according to a recent survey by Robert Half Management Resources. The survey, which polled 270 chief financial officers, found that 61 per cent of respondents have never served as a mentor, formally or informally, at any point in their career. On the other hand, a third (33 […]
Building on a wellness program that covers employees’ overall well-being, Allstate Insurance Co. of Canada is introducing a trio of programs in January. “January can be a stressful and a tough month for many,” says Adrianne Sullivan-Campeau, the organization’s vice-president of human resources. “So you’re coming down from the holiday high, you have large bills coming in from your holiday purchases, […]
As the ways that Canadians use smartphones and apps continue to evolve, what are the implications for those technologies in health-care and wellness services? According to recent studies by digital marketing company Catalyst Canada, the number of apps per smartphone is declining, but the actual use of them is becoming more specialized. The studies note that, despite the […]
An Ottawa labour council has set up a hotline to allow employees to report on companies that are cutting paid breaks and other benefits following Ontario’s minimum wage hike on Jan. 1. Sean McKenny, the president of the Ottawa and District Labour Council, says the council started the hotline after hearing about two Tim Hortons franchises in Cobourg, Ont. that […]
Controversy continues to swirl as politicians have started weighing in on moves by some Tim Hortons franchises to cut benefits and paid breaks in response to a hike in Ontario’s minimum wage. The issue began to heat up this week in response to changes at two Tim Hortons franchises in Cobourg, Ont., which are owned by Ron […]
Sun Life Global Investments Inc. has completed its purchase of Excel Funds Management Inc. and Excel Investment Counsel Inc. The company originally announced the acquisition of Excel Funds, an investment manager that specializes in emerging markets funds, in September and completed the purchase on Jan. 2, 2018. Read: Sun Life subsidiary to acquire emerging market manager The […]
It’s not just a new year for SSQ Life Insurance Co. Inc., as the company has a new name as well. It has rebranded as SSQ Insurance, instead of SSQ Financial Group. The name change reflects insurance being the core of its business for almost 75 years, according to the company. “The new brand identity, along […]
From AMPs to SIPPs: Why plan sponsors have a lot on the regulatory plate in 2018.
The Workplace Safety and Insurance Board is taking a more holistic approach to workplace wellness by putting financial fitness on the same pedestal as physical well-being and mental health. “Traditionally, workplaces have focused on physical wellness and dedicated a lot of resources to it at the expense of overlooking the mental and financial aspects of […]