A story on how plan sponsors and insurers are considering covering weight-loss drugs as part of a broader push towards more inclusive benefits was the most-read benefits story on BenefitsCanada.com this year. Here are the 10 most popular benefits news stories of the year: 1. How plan sponsors, insurers are considering coverage of weight-loss drugs amid rising […]
U.S. public sector defined benefit pension plans that have switched to a defined contribution model have experienced negative cash flows and increased costs and employee turnover, according to a new report by the National Institute on Retirement Security. The report analyzed five public sector pension plans including those in Alaska, Michigan and West Virginia. It […]
An article on how Ontario’s proposed pay transparency legislation will impact employers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How Ontario pay transparency legislation will impact employers 2. Expert panel: How interest rates impact DB pension plans 3. How employers can shift younger workers’ ‘soft saving’ […]
Nearly a third (30 per cent) of working parents with at least one child aged five or younger worked exclusively from home or had a hybrid working arrangement in November, including 33 per cent of mothers and 27 per cent of fathers, according to a new survey by Statistics Canada. It found just a quarter (24 per cent) […]
An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Desjardins using budget workshops, interactive game to support employee financial wellness 2. Canadian employers implementing four-day workweek note increased worker happiness, productivity: report 3. OPB appointing Darwin […]
Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according to a new survey by Deloitte. A third (31 per cent) of near-retirees said they’ll need to rely on the Canada Pension Plan or Quebec Pension Plan to sustain their […]
The Canadian Public Pension Leadership Council is appointing Karen McKeown, director of board operations at the B.C. Pension Corp., as co-chair. McKeown will share responsibilities with Alison McKay, chief executive officer of the Saskatchewan Healthcare Employees Pension Plan, and succeeds Derek Dobson, CEO and plan manager at the Colleges of Applied Arts and Technology pension […]
The Association of Canadian Pension Management is urging the federal government to reverse its position on the cessation of real return bonds and open a stakeholder consultation on the matter. In an open letter, the ACPM said the real return bonds are an important tool in building a balanced portfolio that manages inflation risk. In […]
Two-thirds (65 per cent) of U.S. employees rank flexible work options as the No. 1 component of compensation beyond salary, down from 71 per cent in 2022, according to a new report by the Conference Board Inc. The survey, which polled more than 1,500 workers, found employees in hybrid (68 per cent) and fully remote […]
An article on how the Royal Bank of Canada is marking Financial Literacy Month was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. RBC educating employees, reducing stigma around money matters through financial wellness hub 2. CPPIB returns 0.1% in Q2 2024, led by credit, private […]