EY has launched a new health and well-being campaign for its 5,000 Canadian employees. The campaign – New Year, New You – focuses on a different topic each week, including physical, financial and mental well-being. In the first week of January, the focus was on physical well-being, including highlighting the company’s resources around nutrition, tips […]
While Canadian employers agree that coverage of prescription drugs is an important part of the national healthcare system, they have strong viewpoints and concerns about the adoption of a national pharmacare program, according to new research by Aon Hewitt. The research found that, should a public program require additional funding, respondents cautiously support a funding model […]
Diversified pooled fund managers posted a median return of 2.8% before management fees in the fourth quarter of 2015, according to Morneau Shepell. Its latest Performance Universe of Pension Managers’ Pooled Funds study, which is based on the returns provided by leading portfolio managers, ranging from independent investment management firms to insurance companies, trust companies and financial […]
Xerox has partnered Evive Health to add more predictive analytics to its interactive suite of healthcare solutions, RightOpt, enabling employers to strengthen their well-being programs through personalized communications. Evive Health will combine employer data, claims data, benefits information, analytics and psychographics to prioritize and deliver personalized messages to RightOpt’s enrollees. The system continuously monitors what works from […]
Alberta Investment Management Corporation (AIMCo) has announced it will acquire a minority stake in the holding company of DFG Investment Advisors, a New-York based asset management firm. AIMCo’s collaboration with DFG spans more than six years, first initiated as part of AIMCo’s Fixed Income strategy in 2009. Since that time, according to a news release, the […]
Walmart is rolling out a new short-term disability program, simplified paid time off policy and a pay increase in 2016 for its U.S. employees. The short-term disability program, which came into effect from January 1, offers more financial protection to employees who need to be away from work for an extended period of time due to […]
The growth in digital media is transforming how work is getting done, with positive effects on employees’ professional lives, including their ability to find work, learn and develop professional skills, and achieve a work-life balance, according to new research. The Shaping the Future Implications of Digital Media for Society, which was published by the World Economic Forum and […]
Almost a third (32%) of millennials admit they are “not at all knowledgeable” about retirement savings plans (RSPs), according to new survey by TD. The survey found that only 50% of those aged between 18-33 know that the money in an RSP can help to purchase their first home and just 28% know RSP funds can help pay for full-time education […]
As talks about the future of Canada’s health-care agreements kicked off in Vancouver yesterday, federal Health Minister Jane Philpott announced that Ottawa is joining the provincial drug bulk-buying program. But plan sponsors should be prepared for the long-term impact of excluding private insurers from such a plan. “It continues to entrench two levels of pricing […]
The Ontario Trucking Association (OTA) said that one of its key concerns about the Ontario Registered Pension Plan (ORPP) has been “laid to rest for the time being.” The concern was around whether the provincial government intended to try to apply the ORPP to federally-regulated companies, rather than those that come under provincial jurisdiction. In […]