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Expert panel on sustainable finance recommends super tax deduction to incentivize green savings

Expert panel on sustainable finance recommends super tax deduction to incentivize green savings

An expert panel on sustainable finance is advocating for the government to implement a number of recommendations, including some related to pension plans and individual…

PSP partnership breaking ground on London student residence

PSP partnership breaking ground on London student residence

A real estate partnership co-owned by the Public Sector Pension Investment Board has broken ground on a $1.1-billion private student residence in London, England. The Cherry…

  • By: Staff
  • June 18, 2019 November 12, 2020
  • 15:15
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Private capital funds increasingly turning to subscription credit facilities

Private capital funds are increasingly turning to subscription credit facilities, which can have their advantages but also come along with risks, according to new research…

Sanofi survey finds plan sponsors, members misunderstand private drug plans

Sanofi survey finds plan sponsors, members misunderstand private drug plans

Plan sponsors and plan members are unaware of the key differences between private and public drug plans, according to the 2019 Sanofi Canada health-care survey.…

  • By: Staff
  • June 18, 2019 November 12, 2020
  • 09:00
How rethinking plan design can address retirement readiness

How rethinking plan design can address retirement readiness

Many Canadians are looking forward to retiring someday, but with the rising cost of living and increasing life expectancy, many are also uncertain whether retirement will arrive…

  • June 18, 2019 November 30, 2020
  • 08:30
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Is USMCA dead in the water?

While Canada and the U.S. used to be best friends, that friendship is now on rocky ground, said Bruce Heyman, former U.S. ambassador to Canada…

Caisse investing in Canadian digital health-care platform

Caisse investing in Canadian digital health-care platform

The Caisse de dépôt et placement du Québec is leading a $40-million round of financing for Canadian virtual health-care platform Dialogue. Venture capital firm Holtzbrinck Ventures is also a…

  • By: Staff
  • June 17, 2019 November 11, 2020
  • 16:50
Target expanding family care benefits for U.S. staff

Target expanding family care benefits for U.S. staff

Beginning June 30, Target Corp. will extend its backup care offerings to hourly and salaried employees at all U.S. stores and distribution centres. The program will include 20 days…

  • By: Staff
  • June 17, 2019 November 12, 2020
  • 16:30
Is scrutiny on the rise for long-term disability claims?

Is scrutiny on the rise for long-term disability claims?

A recent RBC Insurance Services Inc. study found 45 percent of employees on disability claimed their workplaces pressured them to go back earlier than they…

Canadian group annuity sales top $900 million in Q1 2019

Canadian group annuity sales top $900 million in Q1 2019

A total of $0.9 billion in group annuity sales were placed in Canada in the first quarter of 2019, roughly in line with the same…

  • By: Staff
  • June 17, 2019 November 30, 2020
  • 09:20
Employee satisfaction with job, finances linked to better health

Employee satisfaction with job, finances linked to better health

Job satisfaction is a major influence on employees’ perceptions of their personal health, according to the 2019 Sanofi Canada health-care survey. The survey found employees…

  • By: Staff
  • June 17, 2019 November 12, 2020
  • 09:00
Geopolitics ranked top risk for pension funds: survey

Pension funds’ fixed income allocations losing ground in growth markets: report

In Africa, Asia, Latin America and the Middle East, pension funds are increasing their exposure to equities at the expense of fixed income, according to a…

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Fixed income allocations losing ground in growth markets: report

In Africa, Asia, Latin America and the Middle East, pension funds are increasing their exposure to equities at the expense of fixed income, according to…

  • By: Staff
  • June 14, 2019 January 9, 2021
  • 12:02

Editorial: To save for the short term or long term, that is the question

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:…

Head to head: In the midst of a cost-of-living crisis, should employees contribute to a DC plan or an ESOP?

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 enhances financial wellness strategy with personalized platform

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…