Teladoc Inc. is partnering with Johnston Group to roll out its telemedicine services to 30,000 small- and mid-size employers in Canada. The service, which includes around-the-clock access to medical care regardless of location, will be available to all organizations that belong to the Chambers of Commerce group insurance plan. Teladoc and Johnston Group also collaborate […]
The Caisse de dépôt et placement du Québec and Samsung Securities Ltd. are signing a memorandum of understanding for joint investments. The pension fund and the South Korean investment bank have been ramping up their global infrastructure investments, according to a press release. Through the memorandum, the two parties intend to jointly explore further infrastructure investments. Read: Caisse […]
Mercer is appoints Dr. Andrew Halpert as clinical innovation leader for health in the U.S. and Canada. In the role, Halpert will be responsible for leading Mercer’s clinical consulting offerings and health strategy development. With 30 years of experience in the industry, he was previously the senior director for clinical and network solutions at Collective Health and […]
When the potential acquisition of a start-up is heavily tied to the financial wellbeing of its founder, it can make the business vulnerable to deals that devalue the company. According to a new paper out of Yeshiva University, founders naturally own a large portion of the equity in their companies in the early stages, making […]
Manitoba’s New Democratic Party and Liberal Party announced a host of worker-friendly campaign promises over the Labour Day weekend, with both parties committing to raise the minimum wage to $15 an hour. The province’s minimum wage, one of the lowest in Canada, is currently $11.35 an hour. It’s set to increase to $11.65 on Oct. 1, […]
After increasing by 15.1 per cent in 2017, the assets under management of the world’s 300 largest pension funds fell by 0.4 per cent in 2018, according to data from Willis Towers Watson’s Thinking Ahead Institute. It found the 300 funds’ total assets under management was US$18 trillion for the year. “A tougher market environment […]
Capital Group has appointed Rick Headrick as president of its business in Canada. With more than 20 years of industry experience, he was most recently the president of Sun Life Global Investments Canada Inc. In that role, he was responsible for growing the distribution of investment funds through financial advisors and institutional retirement plans across the country. Headrick was […]
After increasing by 15.1 per cent in 2017, the assets under management of the world’s 300 largest pension funds fell by 0.4 per cent in 2018, according to data from Willis Towers Watson’s Thinking Ahead Institute. It found the 300 funds’ total assets under management was US$18 trillion for the year. “A tougher market environment […]
Defined contribution plan sponsors have to stay aware of plan design developments to improve their benefits offerings for their specific workforces, according to a new report by Callan. As workplace demographics shift, it’s important for plan sponsors to make sure their DC plan features are keeping up with those changes to ensure the benefits they’re providing are most effective […]
Benefits Canada is proud to announce the finalists of the 2019 Workplace Benefits Awards. This year’s entries set records in many categories, with a total of nearly 100 nominations. The winners will be announced at a luncheon event on Oct. 17 at the Arcadian Loft in Toronto. Buy your tickets to this not-to-miss event today. This year’s finalists […]