Coverage of the 2010 Risk Management Conference.
“Risk isn’t a four letter word. Unintended risk is.”
Coverage of the 2010 Risk Management Conference.
What we’ve got here is failure to communicate.” Paul Newman in the film Cool Hand Luke didn’t enjoy hearing this, and plan sponsors don’t enjoy hearing it either—particularly when they’re trying to communicate benefits and pension plans to employees. But some plan sponsors are failing to reach members as, more than ever, employees are bombarded […]
With reforms in the pension industry and prescription drug and pharmacy regulations making headlines this spring, the timing couldn’t have been more perfect for the inaugural Benefits & Pension Summit. Co-presented by Benefits Canada and the International Foundation of Employee Benefit Plans in April in Toronto, the two-day event hosted almost 400 participants from a […]
The original version of this article contained incomplete information that may have caused confusion for some readers. The article has been updated and Benefits Canada apologizes for the error. Ontario’s Bill 236 received royal assent in May 2010, but most of the provisions are not yet in force. However, there’s no time like the present […]
While stories in the U.S. about plan members suing their employers are almost everyday news, the same cannot be said of north of the 49th parallel. However, results from a recent survey suggest that a litigious future could be just around the corner. According to a 2010 Towers Watson capital accumulation plan (CAP) survey of […]
Health spend, and particularly drug spend, has long been an issue for both insurance companies and plan sponsors. In 1967, health spending was approximately 7% of GDP. Forty-plus years later, health spending was forecast to reach 11.9% of GDP in 2009. Similarly, drug spend represented less than 8.8% of health spending in 1967, but was […]
Hands on May 01, 2010 | Brooke Smith Most consultants and money managers would say that the best default fund for a defined contribution (DC) pension plan is not to have one. However, this is far from reality. “Plan sponsors find that, despite trying to do their best in terms of education and increasing employee […]
Four of the most well known names in Canada’s retirement industry kicked off the inaugural Benefits & Pension Summit on Wednesday in Toronto, co-presented by Benefits Canada and the International Foundation of Employee Benefit Plans. In the keynote address, actuary Malcolm Hamilton, pension expert Keith Ambachtsheer, CARP vice-president Susan Eng and Canadian Life and Health […]