Digital benefits company myHSA and virtual health-care organization EQ Care are entering into an agreement to expand access to telemedicine. Through the agreement, EQ Care will be added to myHSA’s Benefits Bucket suite, so plan members can access on-demand health-care support by experienced medical professionals who have received in-depth training on the coronavirus. Read: Sun […]
The Ontario Teachers’ Pension Plan is taking part in a US$1.78-billion financing round for Epic Games Inc., a U.S. video game and software developer. In addition to Ontario Teachers’ and other asset managers’ contributions, Sony Corp. is contributing US$250 million to the financing round. The fresh financing brings Epic Games to a valuation of US$17.3 […]
In the wake of the coronavirus fallout, real estate, infrastructure and private debt investors seem to be zeroing in on well-established managers, according to Preqin Ltd. data for the second quarter of 2020. With no surprise, real estate saw a challenging second quarter with a decline in activity in funds closing compared to the first […]
North American institutional investors are catching up to other global regions in their interest in sustainable investing, according to a new survey by FTSE Russell. Nearly half (42 per cent) of North American asset owners surveyed before the coronavirus pandemic said they’re interested in sustainable investing, up from just 17 per cent in 2019. This remains a […]
The ongoing impact of the coronavirus pandemic, coupled with the increased awareness and societal response to anti-Black racism, is continuing to affect Canadians’ mental health, according to the latest mental-health index by Morneau Shepell Ltd. With a score of negative 10, a very slight improvement on negative 11 last month, the index measures the improvement or […]
While a majority (55 per cent) of North American employers said they expect most of their furloughed workers will return to work by the first quarter of 2021, just 16 per cent said they expect to rehire laid-off employees by then, according to a new survey by Willis Towers Watson. It also found respondents expect the proportion […]
The federal government is seeking applicants for the positions of commissioner for employers and commissioner for workers in its Canada Employment Insurance Commission. The commissioners will be responsible for representing the views and positions of organizations and individuals that are clients of, or affected by, Employment and Social Development Canada’s programs and services, particularly the […]
Despite the coronavirus pandemic’s severe and disproportionate impact on the health of aging adults, older Canadians say they’re coping far better than younger demographics, according to a new study by Edward D. Jones & Co. in partnership with Age Wave, a U.S.-based think tank focused on issues relating to aging populations. The study, which included […]
Defined contribution plan members saw a bounce-back in equity markets in the second quarter of 2020, boosting their gross income replacement ratios from the lows of the first quarter, according to Eckler Ltd.’s latest capital accumulation plan income tracker report. A typical male DC plan member retiring at age 65 at the end of June […]
Consulting firm BenefitsConnect Inc. is purchasing Kingston, Ont.-based Strategic Benefits & Insurance Services Ltd. Through the acquisition, BenefitsConnect is seeking to enhance its service offerings to Kingston and the surrounding area. Read: Gallagher expands presence in Atlantic Canada with SBW Employee Benefits acquisition In a press release, Paul Crossdale, president of BenefitsConnect, praised the Strategic Benefits’ […]