The Canadian Life and Health Insurance Association has released a critical illness insurance guide to help Canadians better understand the benefits of critical illness insurance and how it works. Critical illness insurance is less well known than other types of insurance, so the guide helps to fill in the blanks for Canadians who may have […]
Third-party administrators are key health benefits industry players that have grown in size and influence but are relatively unknown and sometimes misunderstood. The Third-Party Administrators’ Association of Canada represents the majority of TPAs in Canada, which together manage benefits plans for more than 5.3 million Canadians through 70,000 employers, says Mike McClenahan, the TPAAC’s president […]
The last decade of persistently low interest rates, exacerbated by the coronavirus crisis, has created challenges for institutional investors looking to generate income on their bond investments. The challenge has been more acute for pension funds and foundations, who rely on bond investments to fund their ongoing benefit and program obligations. Moreover, indications from global […]