Latest news in Benefits Canada News

SHARE joining CAAT’s DBPlus pension plan

SHARE joining CAAT’s DBPlus pension plan

The Shareholder Association for Research and Education is joining the College of Applied Arts and Technology’s new DBPlus pension plan. “As a small, non-profit organization,…

What do OSFI’s new rules for assessing pensions mean for plan sponsors?

What do OSFI’s new rules for assessing pensions mean for plan sponsors?

The Office of the Superintendent of Financial Institutions is introducing regulations amending the assessment of pension plans on April 1, 2019. The amendments aim to…

Hugh O’Reilly stepping down from OPTrust

Hugh O’Reilly stepping down from OPTrust

Hugh O’Reilly has resigned as president and chief executive officer of the OPSEU Pension Trust, effective immediately. According to a release from the pension fund,…

  • By: Staff
  • March 18, 2019 September 13, 2019
  • 15:14

Canadian Labour Congress highlights pensions, pharmacare as budget 2019 priorities

The Canadian Labour Congress’ wish list for the upcoming 2019 federal budget includes universal national pharmacare and pensions and retirement security. For pharmacare, the group…

  • By: Staff
  • March 18, 2019 December 3, 2020
  • 10:00
U.K. pensions could see boon from lagging longevity growth: report

U.K. pensions could see boon from lagging longevity growth: report

U.K. pension plans could see an easing of their liabilities, based on the latest longevity data from the country’s Institute and Faculty of Actuaries in its…

  • By: Staff
  • March 15, 2019 September 13, 2019
  • 09:05
Should DC members be saving enough to cover their spouses?

Should DC members be saving enough to cover their spouses?

Since just about half of private sector workplaces in the U.S. offer some type of retirement plan, many employees in dual income houses could be failing…

  • By: Staff
  • March 15, 2019 September 13, 2019
  • 09:03
Learn about new industrial revolution at 2019 Benefits and Pension Summit

Learn about new industrial revolution at 2019 Benefits and Pension Summit

The industrial revolution has shaped the world, demonstrated by three dimensions: communications, energy and transportation, according to one futurist. However, the lifeblood of a new industrial…

Editorial

Editorial: A wish list from the DC pension industry

If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…

Head to head: Who’s responsible for detecting benefits fraud?

Head to head: Who’s responsible for detecting benefits fraud?

With benefits fraud a growing issue for plan sponsors, the recent spate of fraudulent activities at large organizations has prompted the question of who’s responsible…

University of Waterloo includes retirees in pension, benefits governance

University of Waterloo includes retirees in pension, benefits governance

Despite changing demographics and rising health-care costs, it’s uncommon for employers to include retirees in their pension and benefits governance. However, the University of Waterloo…

  • By: Jann Lee
  • March 15, 2019 September 13, 2019
  • 08:58
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Considerations for institutional investors around divestment

In 2017, New Jersey’s Police and Firemen’s Retirement System took a closer look at its investment in Nike Inc. following an advertising campaign featuring former…

Improving engagement, retention by taking care of employees’ loved ones

Employees have multi-dimensional lives, with responsibilities outside the workplace that affect how they perform within it. This is why companies that are consistently recognized as…

What health conditions are keeping employees from work?

What health conditions are keeping employees from work?

It’s impossible to avoid the simple truth that people get sick, which often keeps them away from work. But which specific health conditions are keeping…

Tips for using big data to measure pension longevity risk

Tips for using big data to measure pension longevity risk

While estimating the longevity of a pension plan’s membership isn’t a new concept, developments in using big data and new tools in predictive modelling could…

Back to basics on health-care spending accounts

Back to basics on health-care spending accounts

In June 2017, Doctors Without Borders added lifestyle and health-care spending accounts to its traditional benefits plan. The organization still provides insurance, drug coverage of…

  • By: Jann Lee
  • March 15, 2019 March 6, 2021
  • 08:53
2019 Drug Plan Trends Report: What’s next for drug plans?

2019 Drug Plan Trends Report: What’s next for drug plans?

Though many plan sponsors are still using step therapy to manage drug plan costs, pharmacogenetic testing is receiving attention as more providers enter the market,…

  • By: Jann Lee
  • March 15, 2019 March 6, 2021
  • 08:53
A look at Germany’s new ‘pure’ DC plans

A look at Germany’s new ‘pure’ DC plans

On Jan. 1, 2018, Germany introduced pension legislation aimed at strengthening workplace pensions by creating a system of collective defined contribution plans. And yet, a…

Q&A with Bruce Power’s Monica Warnell

Q&A with Bruce Power’s Monica Warnell

Bruce Power Ltd. Partnership’s manager of human resources and total rewards shares her view on optimizing the benefits plan, enjoying the great outdoors and employee…

  • By: Ryan Murphy
  • March 15, 2019 September 13, 2019
  • 08:49
Culture of equality a powerful multiplier of workplace innovation: study

Culture of equality a powerful multiplier of workplace innovation: study

A workplace culture of equality is a powerful multiplier of innovation and growth, according to a study from Accenture. Research found that in Canada an…

  • By: Staff
  • March 14, 2019 September 13, 2019
  • 09:20
N.S. pension legislation changes include new reserve accounts

N.S. pension legislation changes include new reserve accounts

The government of Nova Scotia is making changes to its Pension Benefits Act with the aim of offering greater flexibility for defined benefit plan sponsors. The changes…

  • By: Staff
  • March 13, 2019 September 13, 2019
  • 15:45
More employers offering innovative health-care spending accounts: report

More employers offering innovative health-care spending accounts: report

While traditional health-care plans remain the most common form of employer offerings, 66 per cent of Canadian organizations are now providing health-care spending accounts, according to a new…

  • By: Staff
  • March 13, 2019 September 13, 2019
  • 08:45
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PSP takes further stake in London student housing

As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real…

  • By: Staff
  • March 13, 2019 January 10, 2021
  • 08:30
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BCI and partners creating Canadian real estate fund

The British Columbia Investment Management Corp. is teaming up with RBC Global Asset Management Inc. and QuadReal Property Group on a project involving $7 billion worth of…

Gen Z expects fast promotions, diversity and inclusion initiatives: study

Gen Z expects fast promotions, diversity and inclusion initiatives: study

Generation Z workers have high expectations when it comes to earnings, promotions and management opportunities, according to a new study by InsideOut Development. Those in generation…

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Caisse financing Chinese institutional apartment operator

The Caisse de dépôt et placement du Québec has led a series D financing totalling US$150 million for Mofang Apartments, an institutional rental company based…

  • By: Staff
  • March 11, 2019 January 12, 2021
  • 15:00