Two-thirds (65 per cent) of plan sponsors said they have a specific objective for their health benefits plan in the coming year, according to the 2019 Sanofi health-care survey. The survey found 23 per cent of plan sponsors strongly agreed they have specific objectives, a 13 per cent increase from last year’s survey. “Having a plan objective and […]
With political risk a constant in emerging markets, a quiet year for institutional investors playing in the space doesn’t really exist. “The noise can be triggered by geopolitical shifts, by social tensions or elections,” said Graham Stock emerging market senior sovereign strategist at BlueBay Asset Management, a division of RBC Global Asset Management, during a webinar on […]
The number of women in Canadian registered pension plans reached a record high of 3.2 million as of January 2018, bringing them up to 50.5 per cent of plan members, according to new data from Statistics Canada. It also found the number of Canadians in registered pension plans surpassed 6.3 million in 2017, increasing by 62,800 members, […]
Environmental, social and governance issues are becoming a bigger part of executive compensation, according to a new report by Mercer. In a survey of 135 North American organizations, 30 per cent said they’re currently using ESG metrics in their incentive plans, while 21 per cent are considering doing so. It also found organizations are more […]
Two-thirds (65 per cent) of plan members said they’d be willing to receive health-related information from the insurer managing their workplace benefits plan based on how they personally use their benefits, according to the 2019 Sanofi Canada health-care survey. “People value personalization to help them move forward and understand what’s available to them that fits […]
A real estate partnership co-owned by the Public Sector Pension Investment Board has broken ground on a $1.1-billion private student residence in London, England. The Cherry Park partnership, formed in March by the PSP, European real estate company Unibail-Rodamco-Westfield and Vancouver-based QuadReal Property Group, a subsidiary of the British Columbia Investment Management Corp., is expected to […]
Plan sponsors and plan members are unaware of the key differences between private and public drug plans, according to the 2019 Sanofi Canada health-care survey. Both employer and employee respondents said they believe private and public prescription drug plans cover close to the same amount of medications. Plan members estimated about 6,600 drugs are covered under private […]
The Caisse de dépôt et placement du Québec is leading a $40-million round of financing for Canadian virtual health-care platform Dialogue. Venture capital firm Holtzbrinck Ventures is also a leader in the financing, accompanied by First Ascent Ventures, Portag3 Ventures, White Star Capital, Walter Capital and National Bank of Canada. “This transaction aligns well with our Quebec investment strategy,” […]
Beginning June 30, Target Corp. will extend its backup care offerings to hourly and salaried employees at all U.S. stores and distribution centres. The program will include 20 days of in-centre childcare or in-home child- and elder care. The enhancements are intended to pick up where traditional parental leave policies end so employees can support their families, according to a press release. “Our […]
A total of $0.9 billion in group annuity sales were placed in Canada in the first quarter of 2019, roughly in line with the same period last year, when sales reached $1 billion in the first quarter of the year, according to a quarterly update from Willis Towers Watson. In the first quarter of 2019, […]