Home News Page 580

Top Stories in News

OMERS Looking at Indexing as Part of Plan Review

OMERS Looking at Indexing as Part of Plan Review

However, CUPE has reservations about suggested changes.

How ESG factors play into alternative investments

How ESG factors play into alternative investments

While the integration of environmental, social and governance factors is becoming more prevalent in discussions about institutional investing, there’s more work to do when it…

OMERS looking at indexing as part of plan review

OMERS looking at indexing as part of plan review

As part of a comprehensive plan review, the Ontario Municipal Employees Retirement System is looking at a number of changes, including to indexing provisions. While…

Cadillac Fairview ups Toronto Ritz-Carlton stake to 100%

Cadillac Fairview ups Toronto Ritz-Carlton stake to 100%

Cadillac Fairview Corp. Ltd. has upped its stake in Toronto’s Ritz-Carlton hotel to 100 per cent ownership of the property. One of the original developers…

  • By: Staff
  • June 4, 2018 September 13, 2019
  • 16:43
Jean-Daniel Côté named BFL Canada VP of retirement

Jean-Daniel Côté named BFL Canada VP of retirement

BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range…

  • By: Staff
  • June 4, 2018 September 13, 2019
  • 15:00
PSP Investments backs global digital payments provider

PSP Investments backs global digital payments provider

The Public Sector Pension Investment Board is among investors taking part in a $250-million round of financing for Tradeshift, a global supply chain digital payments company. With…

  • By: Staff
  • June 4, 2018 September 13, 2019
  • 09:47
Mental-health focus leads to culture change at CGI Group

Mental-health focus leads to culture change at CGI Group

CGI Group Inc. hosted its annual mental-health month in May, focusing this year on the support that employees can receive from their employer and their colleagues,…

Cubic Health launches risk management program for medical pot

Cubic Health launches risk management program for medical pot

Cubic Health Inc. has introduced a risk management program aimed at helping plan sponsors with the many considerations for covering medical marijuana in their benefits plans. The program uses claims…

Navigating the ’50 shades of grey’ surrounding marijuana legalization and the workplace

Navigating the ’50 shades of grey’ surrounding marijuana legalization and the workplace

While a recent court ruling has given some relief to plan sponsors concerned about having an obligation cover medical marijuana under their benefits plans, they…

Age discrimination in benefits plans unconstitutional, tribunal finds

Age discrimination in benefits plans unconstitutional, tribunal finds

When Ontario abolished mandatory retirement in 2006, employers could still terminate benefits for workers who turned 65. But in May, the province’s Human Rights Tribunal…

Ontario Teachers’, CalPERS support SEC proposal to study transaction fees

Ontario Teachers’, CalPERS support SEC proposal to study transaction fees

The Ontario Teachers’ Pension Plan and the California Public Employees’ Retirement System are expressing their support for the U.S. Security and Exchange Commission’s proposal for a transaction fee pilot.…

  • By: Staff
  • June 1, 2018 September 13, 2019
  • 08:40
Taxpayers on hook for liabilities in federal staff pension plans: report

Taxpayers on hook for liabilities in federal staff pension plans: report

A new report by the C.D. Howe Institute says taxpayers are on the hook for the unfunded liability of pension plans for federal employees. In…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:45
Green Shield Canada, Morneau Shepell introducing online cognitive behavioural therapy

Green Shield Canada, Morneau Shepell introducing online cognitive behavioural therapy

Green Shield Canada and Morneau Shepell Inc. are both making web-based cognitive behavioural therapy available to plan sponsors and members. Green Shield Canada’s service, provided by…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:30

Ontario to do away with sick note requirement for short absences

Ontario will do away with sick note requirements for short absences as part of a larger effort to ease the administrative burden on doctors. The…

  • By: Staff
  • April 24, 2024 April 24, 2024
  • 15:00

Ontario court sides with IBM in pension benefits rectification case

An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…

Diabetes medications remain leading drug category for eligible claims in 2023: report

In 2023, diabetes medications remained the leading drug category for eligible private insurance claims for the second consecutive year, according to Telus Health’s annual drug…

  • By: Staff
  • April 24, 2024 April 23, 2024
  • 09:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00