It pays to be the Pope (emeritus)
As Pope Benedict XVI steps down today, he’ll do so in comfort.
- February 28, 2013 September 13, 2019
- 10:24
As Pope Benedict XVI steps down today, he’ll do so in comfort.
In an increasingly tight workforce where many employers struggle to find top talent, telecommuting can be a draw for those who prefer (or need) to have flexible work hours.
Picking investments for money earmarked for retirement isn’t a priority for most people, nor do most have a sufficient knowledge base to do this efficiently or effectively. Investing in a meaningful way can be a mind-bending exercise for the majority of Canadians.
Mercer has acquired the salary survey database, client relationships and consulting services of Hall Consulting Limited (HCL).
The thinking for plan sponsors over the last decade has been to reduce risk, reduce liabilities, get out of DB and move to a DC pension model. But a pure DC plan isn’t the answer to the overarching pension problem—and neither is DB, argued Yvan Legris, global CEO, consulting, with Aon Hewitt, at a recent Toronto Board of Trade event.
Sick? Take a pill...or several. Canadians rely on medication to make them well when they are ill—and, for some people, to stay healthy. The medical system in Canada is treatment-based rather than preventative—the fact that full medical exams for healthy adults are no longer covered by OHIP reinforces that model.Employee benefits plans often follow this path as well and, ultimately, pay the price.
The Supreme Court of Canada has overturned the Ontario Court of Appeal decision in the Sun Indalex Finance, LLC v. United Steelworkers case, which said that pensioners should be paid before creditors. The Supreme Court sided with the original ruling by the provincial court, which indicated that the profits of the Indalex assets need to […]
The effects of plan design are far-reaching. The following excerpt from the conference panel discussion, moderated by Suzanne Lepage, private health plan strategist, Suzanne Lepage Consulting Inc., touches on just how far.
An estimated 12% of employees have diagnosed mental health issues, according to one speaker at Benefit Canada’s Mental Health Summit. Judging from other conference participants, employers find it difficult to create workplaces that are healthy for mind and body.
Brian A. Murdock, CEO of TD Asset Management (TDAM), has resigned. He’s made a personal decision to return to the U.S. Originally from Greenwich, Conn., Murdock was previously president and CEO of New York Life Investment Management prior to joining TDAM.