Latest news in Benefits Canada News

CPPIB appointing Zubaid Ahmad as U.S. senior advisor

CPPIB appointing Zubaid Ahmad as U.S. senior advisor

The Canada Pension Plan Investment Board is appointing Zubaid Ahmad to the newly created role of senior advisor, United States. “This appointment elevates the CPPIB’s…

  • By: Staff
  • October 29, 2019 November 12, 2020
  • 15:15
Manulife partners with Quebec AI institute on health, financial wellness research

Manulife partners with Quebec AI institute on health, financial wellness research

Manulife Financial Corp. is teaming up with Mila, a Quebec artificial intelligence institute, on health and financial wellness research projects. The partnership will allow the insurer…

  • By: Staff
  • October 29, 2019 November 12, 2020
  • 15:00
Torstar DB pensions receive FSRA notices for joining CAAT’s DBPlus

Torstar DB pensions receive FSRA notices for joining CAAT’s DBPlus

The merger of Torstar Corp.’s defined benefit pension plans into the Colleges of Applied Arts and Technology pension plan’s DBPlus has crossed the first hurdle with…

  • By: Staff
  • October 29, 2019 November 30, 2020
  • 09:50
Disability policy review, analytics at heart of Scotiabank’s absence management award win

Disability policy review, analytics at heart of Scotiabank’s absence management award win

For its increased focus on complete reviews of its disability policy and overall absence management program, Scotiabank took home the absence management award at Benefits Canada’s 2019 Workplace Benefits Awards…

Institutional investors urged to pay more attention to human capital as ESG factor

Institutional investors urged to pay more attention to human capital as ESG factor

Institutional investors should narrow in on the importance of human capital as an environmental, social and governance issue. “We know that ESG is about trying…

Gallagher appoints Ezaque Lopes as national growth leader

Gallagher appoints Ezaque Lopes as national growth leader

Arthur J. Gallagher & Co. is appointing Ezaque Lopes as national growth leader of Gallagher Benefit Services (Canada) Group Inc. In the role, Lopes will be…

  • By: Staff
  • October 28, 2019 November 12, 2020
  • 15:45
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Alberta budget includes changes to public pensions, expanded biosimilars initiative

The Alberta Teachers’ Retirement Fund Board will transfer all of its funds to the Alberta Investment Management Corp., according to the province’s latest budget. The ATRF board,…

Ontario hospitals on hook for LTD benefits after age 65

A recent decision by Ontario’s Divisional Court means that the province’s hospital sector is bound to provide long-term disability coverage to unionized employees who work past…

Niagara Casinos earns mental-health award for prevention, awareness strategy

Niagara Casinos earns mental-health award for prevention, awareness strategy

Niagara Casinos took home the mental-health award at Benefits Canada‘s 2019 Workplace Benefits Awards in Toronto on Oct. 17 for its thorough and comprehensive approach…

FSRA prioritizing pension plan flexibility in consultation

FSRA prioritizing pension plan flexibility in consultation

The Financial Services Regulatory Authority of Ontario is prioritizing pension plan flexibility, reviewing prudential framework and focusing on burden reduction for 2020-21. In its consultation…

  • By: Staff
  • October 28, 2019 November 30, 2020
  • 08:45
Caisse investing in Indian financial, health-care group

Caisse investing in Indian financial, health-care group

The Caisse de dépôt et placement du Québec is acquiring US$250 million in convertible debentures from Piramal Enterprises Ltd. The Indian financial and industrial group is active in…

  • By: Staff
  • October 28, 2019 November 11, 2020
  • 08:45
Pooled pension fund managers see modest gains for Q3 2019

Pooled pension fund managers see modest gains for Q3 2019

Diversified pooled fund managers posted a median 1.5 per cent return before fees for the third quarter of 2019, according to Morneau Shepell Ltd.’s latest pension universe.…

  • By: Staff
  • October 28, 2019 November 12, 2020
  • 08:45
Goodyear Canada awarded for pun-filled pension communications

Goodyear Canada awarded for pun-filled pension communications

According to Goodyear Canada Inc., pension communications don’t have to be boring — and it’s not afraid to use puns to make its employees pay…

New U.K. Stewardship Code outlines best ways fiduciaries can integrate ESG

New U.K. Stewardship Code outlines best ways fiduciaries can integrate ESG

The guiding document outlining best practices for fiduciaries practicing corporate engagement is in for a major update. As of January 2020, the U.K. Stewardship Code…

  • By: Staff
  • October 24, 2019 November 30, 2020
  • 16:00
Morneau Shepell adds Sandy Innes as client relationship partner

Morneau Shepell adds Sandy Innes as client relationship partner

Morneau Shepell Ltd. is appointing Sandy Innes as a client relationship partner in Western Canada. In the role, Innes will be responsible for supporting some of…

  • By: Staff
  • October 24, 2019 November 12, 2020
  • 15:00
Franklin Templeton awarded for holistic employee health approach

Franklin Templeton awarded for holistic employee health approach

With its flexible yet comprehensive approach to employee well-being, Franklin Templeton Investments took home the award for a health and wellness program with fewer than…

Canadian employment rises 1.8% as economies reopen: Stats Can

Pension Podcast: Is Indonesia too big for institutional investors to ignore?

For intergenerational investors, such as foreign pension plans ramping up their exposure to alternative assets and leveraging patient capital, it’s worth paying attention to Indonesia’s…

Allow DC plans to issue advance life deferred annuities: ACPM

Allow DC plans to issue advance life deferred annuities: ACPM

In a letter to the tax branch of the Department of Finance, the Association of Canadian Pension Management said it would be reasonable for certain…

  • By: Staff
  • October 23, 2019 November 30, 2020
  • 14:00
Caisse, Ontario Teachers’ partner with insurance firm, CPPIB sells stake in parking company

Caisse, Ontario Teachers’ partner with insurance firm, CPPIB sells stake in parking company

The Caisse de dépôt et placement du Québec and the Ontario Teachers’ Pension Plan are partnering with Anurag Chandra, former chief executive officer of Prosperity…

  • By: Staff
  • October 23, 2019 November 12, 2020
  • 13:30
Fidelity Canada wins award for holistic health program

Fidelity Canada wins award for holistic health program

Fidelity Canada’s traditional health and wellness program has evolved into a holistic initiative that incorporates every aspect of working life, leading to its award win…

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Employees value meaningful work over benefits, compensation: survey

Employees cite meaningful work as more important to than compensation and perks, according to a new survey by the Workhuman Analytics and Research Institute. The survey, which…

  • By: Staff
  • October 23, 2019 September 4, 2025
  • 08:45
Factor investing strategies becoming more popular for fixed income: survey

Factor investing strategies becoming more popular for fixed income: survey

The use of factor investing is on the rise among institutional investors, according to a new global survey by Invesco. “Factor investing has shifted from…

  • By: Staff
  • October 22, 2019 November 12, 2020
  • 15:30
Liberals’ election win implications for pharmacare, pension legislation

Liberals’ election win implications for pharmacare, pension legislation

The Liberal Party of Canada is set to form a minority government after Tuesday’s federal election when it won 157 out of 338 seats. While the party made…

  • By: Staff
  • October 22, 2019 November 30, 2020
  • 10:30
Canada’s retirement system ranked 9th in the world

Canada’s retirement system ranked 9th in the world

Canada’s retirement system jumped one spot to ninth place in Melbourne Mercer’s annual global pension index. Comparing 37 global retirement systems, the report found the Canadian system…

  • By: Staff
  • October 22, 2019 November 30, 2020
  • 09:30
Scotiabank recognized for creating culture of diversity in workplace

Scotiabank recognized for creating culture of diversity in workplace

At Benefits Canada‘s 2019 Workplace Benefits Awards, Scotiabank was recognized in the diversity category for a focus that’s “thoughtful” and “fulsome,” according to judges. “I think it’s…