After 18 years of litigation, a settlement has delivered $7 million to former employees of the Canada Mortgage and Housing Corp. involved in two class…
Canadians have been contributing less to their registered retirement savings plans so far this year, according to a new survey by BMO Financial Corp. Its annual…
Inflation and rising interest rates will shake things up this year.
Global defined contribution plan assets are growing faster than defined benefit pension assets, according to a new report by the Thinking Ahead Institute and Willis Towers…
Canadian defined benefit plans posted a median return of 4.29 per cent in the last quarter of 2017, a marked improvement compared to the median return of…
CGI Group Inc. has rolled out a new year’s wellness program that tackles employees’ health goals from an initial consultation through to the development of…
While some workplaces may find it difficult to accommodate flexibility for employees with caregiving responsibilities, employers should be creative, according to one human resources consultant. “To me,…
The Empire Life Insurance Co. is introducing a new drug-only pooling product for plan sponsors. With advancement in medicine and higher-cost drugs on the market, it’s important…
The Canadian Life and Health Insurance Association is seeking feedback on a number of areas related to its new compensation disclosure guideline. Last month, the…
Before making changes to a benefits plan or building one from scratch, plan sponsors should first determine what problems they’re trying to solve, according to a human…
Express Scripts Canada has won a five-year contract to process millions of pharmacy, dental, vision, mental health and medical supplies and equipment claims for Indigenous Canadians.…
Alberta Blue Cross is reducing its rates for dental benefits to align with recent changes to Alberta’s dental fee guide. The new fee guide, which took effect on…
Canadian workers are less loyal to their employer than their counterparts around the world, according to a new survey by the ADP Research Institute. The…
Among working generations of Canadians, employees aged 20 to 29 have the lowest general well-being, reporting a score of 46.9 out of 100, according to…
Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the…
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…
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…
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…
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,…