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An article on the federal government’s plan to scrap Canada mortgage bonds and the potential impact on pension funds was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Feds’ plan to discontinue Canada mortgage bonds may limit pension funds’ abilities to mitigate risk: PIAC […]

  • July 28, 2023 July 27, 2023
  • 09:00

Two-fifths (41 per cent) of U.S. employees are cashing out their 401(k) plan savings when they leave a job, with 85 per cent draining their entire accounts, according to a new report by the University of British Columbia, Texas State University and the University of Colorado Boulder. The report, which analyzed data from more than […]

  • July 27, 2023 November 20, 2023
  • 15:00

Nearly three-quarters (72 per cent) of business leaders have increased their organization’s investment in diversity, equity and inclusion over the past 12 months, according to a new survey by the World 50 Group, a global community of business leaders. Direct reports to the chief executive officer were most likely to feel they have access to […]

  • July 27, 2023 July 27, 2023
  • 15:00

Changes to the Public Service Health Care Plan, which took effect on July 1, include $75,000 for certain gender affirming procedures not covered by provincial or territorial health-care programs. Other new benefits include: $300 per year each for a registered dietician, occupational therapist and lactation consultant; $200 per year for batteries for hearing aids; $600 per […]

  • July 27, 2023 July 26, 2023
  • 09:00

Since municipalities and provinces fund public services and infrastructure with clear environmental and social benefits, as well as having substantial power to shape policies in their jurisdictions, municipal and provincial bonds are useful tools for institutional investors pursuing a thematic environmental, social and governance approach, according to a new report by the United Nations’ principles […]

  • July 27, 2023 July 26, 2023
  • 09:00

Sun Life Financial Inc. has entered into a definitive agreement to acquire Dialogue Health Technologies Inc. for roughly $365 million. The insurer initially invested in the virtual-care platform in 2020 and subsequently expanded the relationship as a large shareholder and partner. Dialogue will maintain its head office in Montreal and will continue to operate as a […]

  • July 26, 2023 July 26, 2023
  • 15:00

The U.S. Department of Labor is launching an employee ownership initiative to encourage more employers and employees to take advantage of these opportunities. The new initiative will fall under part of the SECURE 2.0 Act — which was passed by Congress in 2022 — and aims to empower workers through ownership arrangements and educate them […]

  • July 26, 2023 July 25, 2023
  • 09:00

Three-quarters (76 per cent) of U.K. employers think it’s important to retain employees over age 50, with almost a third (32 per cent) saying it’s very important, according to a new survey by Aviva. It also found 10 per cent of employers have introduced support over the last year for retaining employees aged 50 or […]

  • July 25, 2023 July 24, 2023
  • 15:00

Only 41 per cent of Black employees in the U.S. believe their company has an open and inclusive environment that encourages dialogue about mental health, compared to 50 per cent of white employees, according to a new survey by the Hartford and the National Alliance on Mental Illness. The survey, which polled more than 2,300 U.S. employees, found […]

  • July 24, 2023 July 24, 2023
  • 15:00

U.S. state and municipal pension funds are on track to miss investment targets and are unlikely to see meaningful improvements in their unfunded liabilities or funded ratios in 2023, according to a new report by the Equable Institute. The report, which analyzed trends in benefits, cash flows, contributions, funding and investments at 225 of the […]

  • July 21, 2023 July 21, 2023
  • 15:00