With employer-provided health benefits costs expected to increase globally in 2020, mental and behavioural conditions are predicted to become more common over the next five years, according to a new survey by Willis Towers Watson. The annual survey of global medical insurers found health-care costs are expected to rise at a similar rate as previous […]
Alongside other investors, the Caisse de dépôt et placement du Québec is investing in Top Aces Inc., an airborne training services provider. The Quebec-based company, which was founded in 2000 by a group of former fighter pilots, provides training to air forces around the world, aiming to enhance the operational readiness of combat forces. “Top Aces is a […]
Express Scripts Canada is launching a medication non-adherence, early-detection program in 2020 to identify plan members who are most likely to cease taking their prescription medications. The program will use proprietary predictive modelling to analyze prescription drug claims and determine who is at risk for potential non-adherence in the future, according to a press release. “Encouraging adherence […]
While nearly two-thirds (63 per cent) of Canadian plan sponsors believe their benefits plans meet current workforce diversity needs, 87 per cent noted employee expectations for benefits and the workplace have changed, according to a survey from Aon. Today’s employees expect more flexible working hours (84 per cent), support to achieve work-life balance (79 per […]
The Alberta Investment Management Corporation has appointed Roger Renaud to its board of directors. Most recently, Renaud was president for Canada and global chief operating officer of Manulife Asset Management, where he oversaw the integration of Standard Life Investments into the firm. “As AIMCo continues to evolve as a global investor, it is important that […]
A joint-venture formed in 2019 by the Ontario Municipal Employees Retirement System, along with Altice, Allianz Capital Partners and AXA Investment Managers’ real assets division, is gearing up to purchase wholesale fibre operator, Covage. The venture, SFR FttH, has made an exclusivity agreement regarding Covage for a total cash consideration of €1 billion, with the […]
More than half (54 per cent) of global generation Z employees ranked pay as the most important consideration when applying for their first full-time job, according to a new survey by the Workforce Institute at Kronos Inc. and Future Workplace. The survey, which polled 3,400 gen Zers in Australia, Belgium, Canada, China, France, Germany, India, Mexico, the Netherlands, New […]
The outsourced chief investment officer market could be reaching its natural maturity, according to a new survey by Cerulli Associates Inc. Globally, OCIO assets under management nearly reached US$2 trillion at the end of 2018. While the U.S. experienced 7.8 per cent growth over the past year, the report noted growth may prove more modest in the coming […]
MSCI is making its ratings on environmental, social and governance issues publicly available off the back of growing interest from numerous stakeholders. This move is part of MSCI ESG Research’s mission to help investors, companies and other industry stakeholders identify the most financially relevant ESG risks and opportunities, through greater transparency and access to ESG […]
Morneau Shepell Ltd. is partnering with the Canadian Football League Players’ Association to make its LifeWorks platform available to the league’s players. LifeWorks is a total well-being platform that supports users’ mental, physical, social and financial well-being. It will be provided to CFL players as part of the CFLPA Academy, which already offers career transition programs. Players […]