With drug prices on the rise, you’d think employers would be making plenty of changes to save costs for their benefits plans. Surprisingly, that’s not the case. As Barbara Martinez, practice leader for drug benefits solutions at Great-West Life, told Benefits Canada’s Face-to-Face Drug Plan Management Forum last month, 90% of the insurer’s clients hadn’t […]
Interest rates and oil loom large.
With energy prices under renewed pressure and an expected U.S. interest rate increase this month, next year will be a period of adjustment following the difficulties experienced by Canadian markets in 2015, says an institutional portfolio manager. Next year “is going to be a year of global adjustments,” Robert Spector, an institutional fixed income portfolio […]