Latest news in Benefits Canada News

Do benefits plan members want more personalized health info?

Do benefits plan members want more personalized health info?

Two-thirds (65 per cent) of plan members said they’d be willing to receive health-related information from the insurer managing their workplace benefits plan based on…

  • By: Staff
  • June 19, 2019 November 12, 2020
  • 09:15
Sun Life consolidates asset management businesses to form SLC Management

Sun Life consolidates asset management businesses to form SLC Management

Sun Life Financial Inc. is consolidating several elements of its asset management business. The firm’s fixed income institutional asset management businesses — Prime Advisors Inc.,…

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
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
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…

Industry responds to expert panel’s pharmacare report

Industry responds to expert panel’s pharmacare report

Industry groups had mixed feelings about an expert panel’s report calling for a single-payer pharmacare plan. Released on Wednesday by Eric Hoskins, former Ontario health…

  • By: Staff
  • June 14, 2019 November 12, 2020
  • 09:25
What are the top chronic diseases in the workplace?

What are the top chronic diseases in the workplace?

More than half (54 per cent) of Canadian workers reported having at least one chronic disease or condition, according to the 2019 Sanofi Canada health-care…

  • By: Staff
  • June 14, 2019 November 12, 2020
  • 09:20
Caregiving responsibilities costing U.S. workers their jobs, benefits: research

Caregiving responsibilities costing U.S. workers their jobs, benefits: research

Forty-three million Americans are currently acting as an unpaid caregiver for a family member, according to a report by the U.S.-based business research organization LIMRA.…

  • By: Staff
  • June 14, 2019 November 12, 2020
  • 09:15
AIMCo enters partnership to build AI, machine learning applications for investment management

AIMCo enters partnership to build AI, machine learning applications for investment management

The Alberta Investment Management Corp. is partnering with machine learning company AltaML Inc., to build artificial intelligence and machine learning applications for the investment management…

Conference Coverage: 2019 Vancouver Benefits Summit

Conference Coverage: 2019 Vancouver Benefits Summit

On May 24, the 2019 Vancouver Benefits Summit focused on how employers can make their organization its healthiest by starting with their benefits plans. Here’s what…

Panel: Should drug coverage for certain conditions still be optional?

Panel: Should drug coverage for certain conditions still be optional?

In many workplace drug plans, medications that treat certain conditions remain in the optional life category, but is this structure still valid today? The optional…

How does cognitive behavioural therapy actually work?

How does cognitive behavioural therapy actually work?

Everyone is talking about cognitive behavioural therapy, but do most people understand it? It’s important for plan sponsors to fully understand what they’re paying for when…

How does cognitive behavioural therapy actually work?

How does cognitive behavioural therapy actually work?

Everyone is talking about cognitive behavioural therapy, but do most people understand it? It’s important for plan sponsors to fully understand what they’re paying for when…

  • June 14, 2019 November 10, 2020
  • 07:57
How changing public coverage could affect the pharmaceuticals industry

How changing public coverage could affect the pharmaceuticals industry

If the Canadian government wants to tackle drug coverage, it should focus on the areas where Canadians are facing genuine gaps, according to Joe Farago, executive…

Using biologics to help workers with inflammatory conditions

Using biologics to help workers with inflammatory conditions

Inflammatory conditions have the power to severely affect employees’ productivity and general quality of life. But new biologic treatments are raising the success rates for sufferers, according to…

Using biologics to help workers with inflammatory conditions

Using biologics to help workers with inflammatory conditions

Inflammatory conditions have the power to severely affect employees’ productivity and general quality of life. But new biologic treatments are raising the success rates for sufferers, according to…

  • June 14, 2019 November 10, 2020
  • 07:55
Sounding Board: The isolation risks of remote working

Sounding Board: The isolation risks of remote working

The employment landscape has changed drastically in recent years. With new technologies frequently being introduced into the workplace and older systems slowly being phased out,…

Expert panel calling for single-payer pharmacare plan

Expert panel calling for single-payer pharmacare plan

An expert panel is calling for the federal government to work with the provinces and territories to create a single-payer public pharmacare program. Eric Hoskins,…

  • By: Staff
  • June 13, 2019 November 12, 2020
  • 09:00
Putting employees first led to OPG’s Workplace Benefits Awards win

Putting employees first led to OPG’s Workplace Benefits Awards win

Ontario Power Generation’s win in the absence management category at Benefits Canada’s 2018 Workplace Benefits Awards has meant a lot to the organization, especially for upper management, because it…