Latest news in Benefits Canada Archive

EMPEA appointing CPPIB’s Suyi Kim to board of directors

The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of…

  • By: Staff
  • July 6, 2020 December 6, 2020
  • 08:02
EMPEA appointing CPPIB’s Suyi Kim to board of directors

EMPEA appointing CPPIB’s Suyi Kim to board of directors

The Emerging Markets Private Equity Association is appointing Suyi Kim, head of Asia Pacific at the Canada Pension Plan Investment Board, to its board of…

  • By: Staff
  • July 3, 2020 November 12, 2020
  • 15:00
Ontario appeal court ruling marks substantial shift in enforcement of termination clauses

Ontario appeal court ruling marks substantial shift in enforcement of termination clauses

The Ontario Court of Appeal has ruled that where one provision of a termination clause doesn’t meet minimum statutory requirements, it renders the entire clause…

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Should institutional investors be concerned over surge in U.S. corporate bond supply?

The increase in U.S. corporate debt issued in the wake of the coronavirus outbreak could be a warning signal to credit investors, according to a…

  • By: Staff
  • July 3, 2020 December 6, 2020
  • 08:56

Webinar: Expanding access to high-quality health care with telemedicine

Health and productivity is affected by a lack of access to care, according to Dr. Hanif Jamal, Canadian medical director at Teledoc Health, during a webinar…

Plan sponsors, members want more benefits plan support for chronic conditions: survey

Employers are increasingly interested in seeing more support for chronic disease and chronic pain management in their benefits plans, according to the 2020 Sanofi Canada health-care…

  • By: Staff
  • July 3, 2020 November 23, 2020
  • 08:45
DB pension plan funding recovers in Q2 after rough Q1: reports

DB pension plan funding recovers in Q2 after rough Q1: reports

In the second quarter of 2020, the funded positions of defined benefit plans recovered almost half of the losses incurred during the coronavirus crash of…

  • By: Staff
  • July 3, 2020 November 12, 2020
  • 08:30
PSP investing in Italian real estate, CPPIB in education group

PSP investing in Italian real estate, CPPIB in education group

The Public Sector Pension Investment Board is establishing a long-term strategic partnership with property and infrastructure firm Lendlease Corp. to develop an urban regeneration project in…

  • By: Staff
  • July 2, 2020 November 12, 2020
  • 15:00
Addressing racism as an employer must begin with listening

Addressing racism as an employer must begin with listening

Organizations all over the world are pledging their commitments to anti-Black racism as global protests over the police killings of George Floyd, Breonna Taylor and many others,…

Most U.S. DC plans aren’t pausing or reducing contributions during coronavirus: survey

Most U.S. DC plans aren’t pausing or reducing contributions during coronavirus: survey

The majority of U.S.-based defined contribution pension plan sponsors said they haven’t felt the need to pause or reduce contributions during the coronavirus pandemic, according…

  • By: Staff
  • July 2, 2020 November 26, 2020
  • 09:15
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Are activist investors strategically leaking plans to institutional investors?

It appears some institutional investors are aware of activist campaigns before they become public, according to new research. A working paper by three assistant professors…

Plan sponsors want to send targeted health communications, but members still wary: survey

More than three-quarters (79 per cent) of plan sponsors said they’re interested in their benefits providers sending targeted communications to plan members, according to the 2020…

  • By: Staff
  • July 2, 2020 November 23, 2020
  • 09:00
Nova Scotia’s PSSP reports 98.5% funded status, halts indexing

Nova Scotia’s PSSP reports 98.5% funded status, halts indexing

Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments for retirees for the…

  • By: Staff
  • July 2, 2020 November 30, 2020
  • 08:45
Webinar: 2020 CAP Member Survey: Retirement savings, financial well-being in the era of coronavirus

Now is the time to fix capital accumulation plans

The collapse in the equity markets has damaged capital accumulation plan retirement accounts. Governments need to level the playing field between defined benefit plans and…

  • July 2, 2020 December 6, 2020
  • 08:17
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Nova Scotia’s PSSP reports 98.5% funded status, halts indexing for five years

Nova Scotia’s Public Service Superannuation Plan reported a 98.5 per cent funded status as of Dec. 31, 2019 and said it will halt cost-of-living adjustments…

  • July 1, 2020 January 20, 2021
  • 07:42

Supreme Court sides with Uber driver seeking better pay, benefits

The Supreme Court of Canada has cleared the way for Uber drivers to take the next step in their fight to be recognized as employees.…

Bank of Canada governor says country needs to pick up pace on tackling climate change

Statistics Canada says economy posted record 11.6 per cent plunge in April

Statistics Canada says the economy saw its largest monthly drop on record in April as it came to a near standstill due to the pandemic,…

Employers change up Pride celebrations amid coronavirus

Employers change up Pride celebrations amid coronavirus

Employers across Canada were forced to adjust their Pride celebrations in June as the coronavirus pandemic necessitated social distancing and most traditional parades and events were cancelled. “[The…

Benefits plan members, sponsors cite low levels of knowledge on pharmacare: survey

Benefits plan members, sponsors cite low levels of knowledge on pharmacare: survey

While 67 per cent of Canadian plan members described their level of knowledge about a possible national pharmacare program as low or medium, 27 per…

  • By: Staff
  • June 30, 2020 November 11, 2020
  • 09:15
U.K. public policy-makers urged to push for larger pensions to enhance infrastructure investment

U.K. public policy-makers urged to push for larger pensions to enhance infrastructure investment

A new report by a U.K.-based think tank is suggesting public policy should shift to allow pension plan investments to help bolster the country’s infrastructure needs.…

  • By: Staff
  • June 30, 2020 November 30, 2020
  • 08:45

Financial wellness more important than ever during coronavirus

During the coronavirus pandemic, employers and employees have seen major changes to their group retirement plans. For example, many employees who were able to continue working…

UTAM included in ILPA’s ESG best practices compilation

UTAM included in ILPA’s ESG best practices compilation

The Institutional Limited Partners Association has included the University of Toronto Asset Management Corp. in its environmental, social and governance roadmap and resources compilation. “Comprised…

  • By: Staff
  • June 30, 2020 November 11, 2020
  • 07:12

Canadians reducing retirement savings due to coronavirus

More than a third (40 per cent) of pre-retirees have a negative outlook on their life in retirement, the highest rates of negative retirement perception…

  • By: Staff
  • June 29, 2020 February 2, 2022
  • 15:15

What does Fitch’s downgrade of Canada mean for institutional investors?

Since 2004, Canada has held a AAA rating from all major ratings agencies, but on June 24, it suffered a blow when Fitch Ratings Inc.…

Are hormones impacting investment biases?

New research suggests that hormones play a role in financial decision-making. Specifically, cortisol, a hormone that marks stress, is positively related to the disposition effect,…