While a typical Canadian defined benefit pension plan saw negative investment returns in March, it also improved on a solvency and accounting basis, according to…
The Canada Pension Plan Investment Board is investing US$425 million in an Indian content technology platform company. Following an initial equity investment of US$50 million…
Changes to Quebec’s policy on the use of biosimilars in its public drug plan could result in savings for private benefits plans, says one expert.…
As employees continue to adjust to the dynamics of working remotely since the coronavirus pandemic, 76 per cent of workers believe remote work has given…
Changes to the calculation of commuted pension values in Canada are making it more challenging for defined benefit pension plan members to determine an optimal…
While the overall private drug plan spend per member increased by 4.3 per cent in 2021, fewer plan members submitted claims and the per-claimant cost…
The federal government will consider whether to include booster shots in the next version of the coronavirus vaccine mandate for its workers, said the Treasury…
The Canada Pension Plan Investment Board is partnering with New York-based data encryption firm Inpher Inc. to create a private network of asset managers and…
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to…
Since the Alberta Investment Management Corp. introduced an employee networking platform in the fall of 2020, nearly 500 connections have been made, more than 95…
Empower Retirement, the U.S. subsidiary of Great-West Lifeco Inc., has completed the previously announced acquisition of Prudential Financial Inc.’s full-service retirement business. With the completed…
With two of Ontario’s government parties promising to develop portable benefits plans, it’s important to remember that plan sponsors need the freedom to design and…
While 84 per cent of U.S. employees believe their employer should be responsible for their financial well-being, only 55 per cent feel their company is concerned…
As employers prepare to bring employees back to their physical workplaces in 2022, they’re planning to position mental health (91 per cent), physical health (60…
In 2020, more than 6.2 million Canadians put aside a total of $50.1 billion for their retirement by making contributions to their registered retirement savings…
While Canadian employers have made significant strides toward improving diversity, equity and inclusion in the workplace, employment barriers remain for the neurodiverse talent pool, according…
An increase in burnout (32 per cent) and work hours (28 per cent), as well as difficulty unplugging (27 per cent) and challenges communicating with…
Telus Health is acquiring digital health platform Sprout Wellness Solutions. Sprout is designed to inspire employees to improve their health through behaviour change, according to…
Only about a quarter (27 per cent) of U.S. employees used all of their allotted paid vacation time in 2021, according to a new survey…
Yale University and some of its employees have settled a class-action lawsuit over the university’s employee wellness program for US$1.29 million net of lawyers’ fees.…
The Ontario Liberals’ election promise of portable drug, dental and mental-health services was the most read article over the past week on BenefitsCanada.com. Here are the five…
The U.K. pension regulator is releasing new rules on climate disclosures for institutional investors and defined benefit pension plans. In a report, the Financial Conduct…
Ivanhoé Cambridge, the real estate arm of the Caisse de dépôt et placement du Québec, is part of a joint venture acquiring a heritage listed…
Canadian employers looking to redesign their benefits plans are in a holding pattern until they hear more details on the Liberal Party of Canada and…
More than two-thirds (71 per cent) of small- and mid-sized U.S. employers said offering more employee benefits helps improve retention, while 70 per cent said…