compliance – Benefits Canada.com

Only 16% of Canadian employers have implemented pay transparency strategy: survey

Sadie Janes — Tue, 12 Nov 2024 14:00:17 +0000

Only 16 per cent of Canadian employers have implemented a pay transparency strategy, while 41 per cent have strategies in development and 22 per cent plan to develop their strategy within the next year, according to a new survey by Mercer. The survey, which polled more than 1,100 global companies, found 60 per cent said […]

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2024 Consultants Report: Is there an inherent conflict of interest when consulting firms consolidate?

Sadie Janes — Fri, 09 Aug 2024 12:57:10 +0000

The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says Susan G. Seller, a pension and benefits lawyer at Bennett Jones LLP. “I think the evolution of the services they offer . . . poses a particular challenge for employers […]

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Culture of compliance prevents mismanagement, conflict at Canadian pension funds: expert

bmcgovern — Tue, 30 Jul 2024 13:00:21 +0000

A culture of prudent investment standards and guideline compliance is keeping Canadian pension funds safe from some of the unique risk management cases seen abroad, says Scott McEvoy, a partner at Borden Ladner Gervais LLP. “Good governance starts at the top, it’s all about structure and process,” he says. Read: Canada’s retirement system ranks No. 12 […]

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Getting to know Shannan Corey and the Saskatchewan Pension Plan

Sadie Janes — Fri, 15 Sep 2023 12:56:06 +0000

Working in the pension industry has always been aligned with Shannan Corey’s personal interests and values. Her father was an actuary so she was exposed to the pension industry from a very young age. After earning her mathematics degree at the University of Saskatchewan, she became an associate actuary, spending a few years in consulting […]

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Has the Federal Pay Equity Act helped to close Canada’s gender pay gap?

Sadie Janes — Fri, 15 Sep 2023 12:53:06 +0000

The Federal Pay Equity Act, which took effect on Aug. 31, 2021, requires all federally regulated employers with 10 or more employees to prepare and post a pay equity plan by Sept. 3, 2024. In addition, it requires all unionized employers or those with 100 or more workers to establish a pay equity plan — […]

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AIMCo appointing Suzanne Akers as chief risk, compliance officer

Gideon Scanlon — Thu, 24 Mar 2022 14:00:59 +0000

The Alberta Investment Management Corp. is appointing Suzanne Akers as its chief risk and chief compliance officer. In the dual role, Akers will assume responsibility for leading the AIMCo’s investment risk management and analytics functions, ensuring the pursuit of each client’s investment objectives is aligned to its risk appetite, according to a press release. She’ll […]

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WestJet hiring first chief medical officer

lbailey — Mon, 22 Feb 2021 05:00:52 +0000

WestJet Airlines Ltd. is hiring Dr. Tammy McKnight as its first chief medical officer. According to a press release, McKnight will develop and implement initiatives related to the health and well-being of the organization’s employees and customers, as well as advise on risk mitigation and make recommendations around complying with health guidelines around the world. Previously, […]

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Learn more about the Risk Management Award finalists

mschmit — Mon, 30 Nov 2020 04:06:28 +0000

The Canadian Investment Review’s Risk Management Award will go to a pension plan that has successfully implemented a robust approach to its risk management function. This can include implementing de-risking or re-risking or it can showcase day-to-day processes in place for risk management in pension plan investments. Highlights about the three finalists are available below: […]

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