As Canadians struggle to make ends meet and manage growing debt, they’re increasing putting their future financial plans — including retirement — on the back burner, according to a new survey by BDO Canada. The survey, which polled more than 2,000 Canadians, found more — 39 per cent compared to 31 per cent in 2018 — said […]
The Pension Investment Association of Canada is concerned draft legislation on variable payment life annuities doesn’t do enough to help small defined contribution pension plans use them. In a letter to Finance Minister Bill Morneau, the PIAC noted VLPAs, which were introduced in the 2019 federal budget, are a solution of great interest to its membership. […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
A group of institutional investors, including numerous large Canadian defined benefit pension plans, has released a handbook outlining their experiences implementing the recommendations from the task force on climate-related financial disclosures. The Canadian plans include the Alberta Investment Management Corp., the Caisse de dépôt et placement du Québec, the Canada Pension Plan Investment Board, the […]
The Ontario Medical Association is partnering with Common Wealth to offer its physician members and their spouses access to a retirement plan. The Advantages Retirement Plan, which will be rolled out later this year, is the result of more than two years of research on physician retirement readiness and input from OMA members. A survey conduced […]
Over the last year, companies listed on the Toronto Stock Exchange have seen little movement in the proportion of female executive officers on their boards, according to an annual report by Osler, Hoskin and Harcourt LLP. The study, which looked at diversity disclosure practices relating to women in leadership roles by TSX-listed companies, found that, among companies […]
Canadian employers are going beyond traditional health benefits to address all the facets of their employees’ well-being, according to a new survey by global staffing firm Robert Half. The survey found employers are offering physical (63 per cent), financial (65 per cent) and mental (73 per cent) wellness programs. As well, organizations are covering at least some of the […]
Mercer Canada has appointed Rachel Volynsky as its new chief investment officer. In the new role, Volynsky will be leading Mercer’s outsourced chief investment officer team in Canada. With more than 20 years of capital allocation experience, she has held several senior roles with major investment firms in Canada and the United States, including SEI Investments and […]
Mercer Canada has appointed Rachel Volynsky as its new chief investment officer. In the new role, Volynsky will be leading Mercer’s outsourced chief investment officer team in Canada. With more than 20 years of capital allocation experience, she has held several senior roles with major investment firms in Canada and the United States, including SEI […]
Canadian employees suffering from mental-health issues aren’t accessing support through their workplace benefits, according to new data from Sun Life Canada. The data found 59 per cent of working Canadians said they’ve experienced a mental-health issue, an increase from 52 per cent in 2017. Among this group, 60 per cent said they aren’t accessing support through their workplace benefits […]