Latest news in Benefits Canada News

A quarter of professionally managed U.S. AUM in ESG investments: survey

A quarter of professionally managed U.S. AUM in ESG investments: survey

Capital allocated to sustainable, responsible and impact investing now accounts for around a quarter of total assets under professional management in the U.S., according to a new…

  • By: Staff
  • November 30, 2018 September 13, 2019
  • 08:00
Woodstock child and youth services staff could strike over benefits

Woodstock child and youth services staff could strike over benefits

The 40 employees at Welkin Child and Youth Services in Woodstock, Ont. have voted to take strike action if they can’t reach a new collective agreement…

  • By: Staff
  • November 29, 2018 September 13, 2019
  • 16:30
CPPIB invests $665M in U.S. packaging company

CPPIB invests $665M in U.S. packaging company

The Canada Pension Plan Investment Board is investing about $665 million in an American packaging supplier as part of a recapitalization deal with private equity firm…

  • By: Staff
  • November 29, 2018 September 13, 2019
  • 16:21
Pension deficits, dividend payments among topics in new government consultation

Pension deficits, dividend payments among topics in new government consultation

The federal government is asking Canadians to weigh in on a consultation paper that tackles issues related to pension underfunding and bankruptcy and insolvency laws.…

Shifting demographics key catalyst to changing pension plan design

Shifting demographics key catalyst to changing pension plan design

Shifting demographics have always driven Canadian pension plan design, and the growth of the millennial generation as the largest portion of the workplace is no…

Generation gap exists in optimism about retirement: study

Generation gap exists in optimism about retirement: study

While Canadians aged 18 to 34 are the most likely age group to believe their standard of living will increase in retirement, they’re also the least…

  • By: Staff
  • November 29, 2018 September 13, 2019
  • 09:00
Aon partners with six major Canadian insurers

Aon partners with six major Canadian insurers

Aon has partnered with six Canadian insurance providers to offer traditional and flexible benefits through its Aon Choice platform. The new partnership includes Sun Life…

  • By: Staff
  • November 28, 2018 September 13, 2019
  • 15:30
CPPIB invests in electric vehicle company, Caisse in travel tech

CPPIB invests in electric vehicle company, Caisse in travel tech

The Canada Pension Plan Investment Board is buying shares in ChargePoint Inc., an electric vehicle infrastructure company, as part of a US$240 million funding round led by…

  • By: Staff
  • November 28, 2018 September 13, 2019
  • 15:15
Medavie Blue Cross appoints VP of product, disability management

Medavie Blue Cross appoints VP of product, disability management

Medavie Blue Cross has appointed Marc Avaria as vice-president of product and disability management. In the new role, Avaria will lead the development of new products…

  • By: Staff
  • November 28, 2018 September 13, 2019
  • 15:00
A look at 401(k) as the retirement plan celebrates 40 years

A look at 401(k) as the retirement plan celebrates 40 years

It’s been 40 years since Ted Benna, then a 36-year-old U.S.-based benefits consultant, noticed a new Internal Revenue Service section that had potential implications for cash-deferred…

  • By: John Devine
  • November 28, 2018 September 13, 2019
  • 09:00
Telecommuting becoming standard in Canadian workplaces: survey

Telecommuting becoming standard in Canadian workplaces: survey

Part-time telecommuting is becoming the norm for many global workplaces, with 50 per cent of Canadian employees working at least 2.5 days a week outside the…

  • By: Jann Lee
  • November 28, 2018 September 13, 2019
  • 08:45
Translating climate risk into the language of investors

Translating climate risk into the language of investors

A few decades ago, people were concerned about the depleting ozone layer. Then, in the late 1980s, the Montreal Protocol was ratified to phase out…

Caisse launches infrastructure co-investment platform in Colombia

Caisse launches infrastructure co-investment platform in Colombia

The Caisse de dépôt et placement du Québec, along with the Republic of Colombia and infrastructure financier Financiera de Desarrollo Nacional, is launching an infrastructure co-investment platform.…

  • By: Staff
  • November 27, 2018 September 13, 2019
  • 15:38
Do auto features in DC pensions have unintended consequences?

Do auto features in DC pensions have unintended consequences?

While defined contribution plan design features such as auto-enrolment and auto-escalation aim to combat plan members’ poor behavioural tendencies, they could be leading to certain unintended consequences,…

  • By: Staff
  • November 27, 2018 September 13, 2019
  • 10:17
PSP expands portfolio with U.S. wind farm acquisition

PSP expands portfolio with U.S. wind farm acquisition

The Public Sector Pension Investment Board is acquiring a 49 per cent interest in a U.S. wind facility through its existing stake in renewable energy company Pattern Energy…

  • By: Staff
  • November 26, 2018 September 13, 2019
  • 15:59
Ontario Teachers’ takes stake in vehicle GPS tracking firm

Ontario Teachers’ takes stake in vehicle GPS tracking firm

The Ontario Teachers’ Pension Plan is entering into a partnership with Fleet Complete, a Toronto-based software company in the vehicle space. The company provides GPS tracking…

  • By: Staff
  • November 26, 2018 September 13, 2019
  • 09:59
Teladoc Health launches specialty pharmacy service

Teladoc Health launches specialty pharmacy service

Virtual health-care company Teladoc Health is launching a specialty pharmacy services product aimed at combatting rising prescription drug costs using analytics and medical opinions. “So many…

  • By: Staff
  • November 26, 2018 September 13, 2019
  • 09:56
Latest G19 updates still allow for conflict of interest

Latest G19 updates still allow for conflict of interest

While advisors are supportive of greater transparency in group benefits and retirement services, some say the Canadian Life and Health Insurance Association’s proposed amendments to its…

  • By: Ryan Murphy
  • November 26, 2018 September 13, 2019
  • 09:30
Inclusion of ESG in fixed income isn’t keeping up with investor demand: research

Inclusion of ESG in fixed income isn’t keeping up with investor demand: research

While global institutional investors’ ability to analyze fixed income products on environmental, social and governance factors is growing, the supply of socially or eco-savvy bonds…

  • By: Staff
  • November 26, 2018 September 13, 2019
  • 09:15
Feds launch consultations on enhancing retirement security of Canadians

Feds launch consultations on enhancing retirement security of Canadians

The federal government is launching national consultations on enhancing the retirement security of Canadians, including potential actions on pension regulations and bankruptcy and insolvency laws.  Previously…

  • By: Staff
  • November 23, 2018 September 13, 2019
  • 09:20
Saskatchewan proposes increase to maternity, adoptions leaves

Saskatchewan proposes increase to maternity, adoptions leaves

Saskatchewan is proposing an increase to maternity and adoption leaves, calling the suggested changes the longest time off in the country. A bill introduced in the…

Could ‘sidecar’ emergency savings help Canadian employees plan their financial futures?

Could ‘sidecar’ emergency savings help Canadian employees plan their financial futures?

With many demands on employees’ money, could helping them build an emergency fund alongside their retirement savings make them more financially secure in the long run?…

AI can help asset managers with multiple business operations

AI can help asset managers with multiple business operations

Artificial intelligence is capable of improving the operations of asset managers and owners in many ways, according to a new whitepaper by Northern Trust Corp. Both…

  • By: Staff
  • November 23, 2018 September 13, 2019
  • 09:15
Editorial

Editorial: Getting financially schooled

In my formative school years, it was mandatory for all students to learn cooking, carpentry and typing, among other non-academic pursuits. While I’m certainly grateful…

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How RBC is fitting debt payment into employees’ financial journeys

In helping employees save for their future, the Royal Bank of Canada recognizes the importance of meeting its staff where they are on their financial…