With drug costs for plan sponsors steadily rising in recent years, keeping budgets down is top of mind as they plan for 2021. “The biggest concern…
Nearly half of working Canadians (49 per cent) will be taking less or no vacation time this December as a result of the ongoing coronavirus…
In a year of seemingly endless shocks, it’s really no surprise the many changes impacting Canada’s pension, benefits and investment executives wrought by the coronavirus…
As we approach the end of a truly challenging year with more uncertainty on the horizon for 2021, people all over the globe are adjusting…
Two experienced pension professionals weigh in on the longstanding debate regarding whether pension plans should be investing actively or passively. Blair Richards, chief investment officer…
While professional services company Accenture has long been supportive of its working parents, it introduced a new backup childcare program in 2020 to help employees…
Anyone flipping through a prospectus for an employer’s defined contribution pension plan or group registered retirement savings plan will notice a recurring theme when it…
In the old days, employers would often gather employees in a dusty conference room and pass around a box of Timbits while talking at a…
Many employees in the non-profit sector dedicate their lives to helping others. In 2008, a new pension plan was launched to help provide them with…
When the City of Toronto switched benefits plan insurers in 2017, it changed its coverage for biologics and biosimilars. Under its previous plan, the City…
In the midst of the coronavirus pandemic, the Town of Newmarket is prioritizing the well-being of its staff and its community by creating a new…
Aramark Canada Ltd.’s director of total rewards talks balancing total rewards priorities, employee assistance programs and children’s psychological development. Q. What top challenges do you…
The Federal Court of Appeal has decertified a $100-million class action brought by former members of the Canadian Armed Forces reserves whose retirement benefits were…
The Canada Pension Plan Investment Board’s credit division is acquiring the Trafford Centre in Britain after the shopping mall’s owner failed to find a buyer.…
While institutional investors are facing headwinds from unexpected inflation and geopolitical realignment in 2021, the coming year will also see rebounds for corporate earnings and…
Ontario’s pension plan administrators and plan members share the responsibility of maintaining current contact information, according to the Financial Services Regulatory Authority of Ontario’s final…
With virtual health-care visits increasing as a result of the ongoing coronavirus pandemic, telemedicine should become a permanent part of Ontario’s health-care system, according to…
Goldman Sachs Group Inc.’s merchant banking division is acquiring Manitoba-headquartered People Corporation Inc., for an estimated total equity value of $1.13 billion. “This transaction delivers…
What do global institutional investors expect in the coming year? It’s not a rosy picture. According to Natixis Investment Managers’ annual institutional investment outlook, just…
The coronavirus pandemic has significantly increased plan members’ willingness to seek help for their mental-health concerns and to access video or telephone counselling, said Julie…
The ongoing coronavirus pandemic is bringing the topic of wills and estate planning out of the dark and into the light for some employers. Mainstream news…
Siemens Canada is paying out $3.4 million in one-time bonuses to Canadian workers in appreciation of their extra work during the coronavirus pandemic. The company said the payments,…
Plan sponsors in the U.S. that suspended or reduced employer-matching contributions are reinstating them or increasing their levels by 2021, said a new survey by Willis Towers…
Wellington Management Co. is joining the net zero asset managers’ initiative as a founding member. The company is committing to working with clients on their…
The average Canadian taking Canada/Quebec Pension Plan benefits at age 60 instead of waiting until 70 can expect to lose more than $100,000 of secure lifetime…