Inflation must be taken into account when designing both plan sponsor and government retirement programs because, over time, it will undermine purchasing power. In terms…
Mercer and Wealthsimple Inc. are teaming up to create a digital saving and investing platform for Canadian employees. Mercer Invest Wise, which is a voluntary savings tool,…
About 150 employees at Baycrest Health Sciences have been dismissed for benefits fraud. Last year, in the course of establishing an approved provider network for its…
Hedge funds increasingly influenced by their institutional investor clients: report Increasing numbers of institutional investors are entering hedge funds and driving the industry to provide…
The majority of Canadian capital accumulation plan members said they’re confident in their understanding of how to optimize their income in retirement, according to Benefits Canada‘s 2019 CAP Member…
Spectrum Therapeutics, the medical division of Canopy Growth Corp., is partnering with the Canadian Mental Health Association to develop an educational content module related to…
Population aging is taking place throughout the Americas, with the elderly expected to grow faster than the overall population between 2018 and 2025, according to…
The Ontario Municipal Employees Retirement System, alongside the Bank of Montreal, is committing $33 million in funding to District Ventures Capital. Founded by financier Arlene Dickinson, the fund…
FTSE Russell is launching a government bond index that weighs countries’ preparedness and resilience to climate change risk. A spin-off of the FTSE world government…
The union representing employees of Dominion Stores supermarkets in Newfoundland is accusing parent company, Loblaw Companies Ltd., of using an increasing number of part-time employees…
Almost all employers offer paramedical benefits for psychology and many are adopting programs to support employee mental health, according to a new survey by Aon.…
The Pension Investment Association of Canada is commending Nova Scotia on its proposed changes for improving the province’s pension funding framework. In a letter, the PIAC noted…
The British Columbia Investment Management Corp., alongside ATL Partners, are acquiring Valence Surface Technologies Inc., a Houston-based aerospace surface finishing platform. The company has eight facilities in…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
One employee touts the benefits of an ESOP, while an academic notes it depends on individual financial circumstances and plan design. Morgan Zirul, store manager,…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…