Latest news in Benefits Canada News

CPP fund up $10.5 billion in first quarter fiscal 2019

CPP fund up $10.5 billion in first quarter fiscal 2019

The Canada Pension Plan fund returned a modest 1.8 per cent in the first quarter of fiscal 2019. It ended the quarter, on June 30,…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 10:46
Majority of impact investors satisfied with investment performance: survey

Majority of impact investors satisfied with investment performance: survey

The majority of impact investors said their investments have met their expectations for both impact (82 per cent) and financial (76 per cent) performance since inception, according to a…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 09:15
Pharmacare, flexible annuity options top CLHIA’s wish list for 2019 federal budget

Pharmacare, flexible annuity options top CLHIA’s wish list for 2019 federal budget

Pharmacare and flexible annuity options top the Canadian Life and Health Insurance Association’s list of recommendations for the upcoming 2019 federal budget. In its submission, the…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 09:05
OMERS, AIMCo and BCI take or up stake in U.S. utility company

OMERS, AIMCo and BCI take or up stake in U.S. utility company

Several major Canadian public pensions are investing in Puget Holdings [no LLC], the parent company of Puget Sound Energy Inc., a regulated utility company in Washington state.…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 09:04
58% of HR managers have seen an employee demoted at their organization: survey

58% of HR managers have seen an employee demoted at their organization: survey

Almost 60 per cent of human resources managers said they’ve seen an employee demoted at their organization, according to a new survey by OfficeTeam. The survey, which…

  • By: Staff
  • August 10, 2018 September 13, 2019
  • 09:02
Editorial: Creative covers, a prognosis for the future and a note of thanks

Editorial: Creative covers, a prognosis for the future and a note of thanks

How do the following sound as headlines for the cover of Benefits Canada? Are they likely to make the cut any time soon? • “My…

Citigroup’s proactive approach to wellness includes onsite gym, trainer

Getting his daily exercise in at his workplace’s fitness centre did more than help Citigroup Inc. employee Jag Singh shrink his waist by a full…

DC plan sponsors’ wish list for legal protections supporting decumulation offerings

DC plan sponsors’ wish list for legal protections supporting decumulation offerings

Even as regulators move to expand decumulation options for Canadians in defined contribution pension plans, the degree to which employers will actually adopt the solutions…

2018 Consultants Report: New challenges for consultants as the landscape evolves

2018 Consultants Report: New challenges for consultants as the landscape evolves

The job of a pension consultant has evolved considerably over Bita Jenab’s 30-year career in the field. The mid-1990s saw a greater focus on governance…

A look at how Canadian pension funds are using leverage

A look at how Canadian pension funds are using leverage

In February, the Canada Pension Plan Investment Board flipped the script on fixed income by issuing its own bonds rather than purchasing them. The move…

Why you should hire a mental-health co-ordinator

Why you should hire a mental-health co-ordinator

When staff and faculty at Toronto’s Ryerson University kick back in their lounge, they can, at least in part, thank the institution’s mental-health co-ordinator for…

  • By: Ryan Murphy
  • August 10, 2018 September 13, 2019
  • 08:55
Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

Savings incentives at 7-Eleven among ways to boost Mexico’s retirement outcomes

Cashiers will often ask Canadian consumers if they’d like to donate to a charity as they pay for items at retail stores. But what about…

  • By: Sonya Felix
  • August 10, 2018 September 13, 2019
  • 08:54
A road map to clarity on the multi-employer pension plan promise

A road map to clarity on the multi-employer pension plan promise

While there are nuances, I consider a target-benefit plan to be one that determines benefits to members on a defined benefit basis while setting out…

  • By: Joe Nunes
  • August 10, 2018 September 13, 2019
  • 08:53
Lussier Dale Parizeau to acquire Quebec-based benefits advisor

Lussier Dale Parizeau to acquire Quebec-based benefits advisor

Quebec-based insurance broker Lussier Dale Parizeau Inc. is acquiring employee benefits advisor Trinome Conseils. Following the acquisition, Lussier Dale Parizeau will have nearly 800 employees…

  • By: Staff
  • August 8, 2018 September 13, 2019
  • 15:30
CPPIB invests in Korean logistics facilities

CPPIB invests in Korean logistics facilities

The Canada Pension Plan Investment Board is partnering with a subsidiary of ESR, a pan-Asian logistics real estate platform, to invest about $653 million in Korean logistics…

  • By: Staff
  • August 8, 2018 September 13, 2019
  • 15:15
Great-West Life adds three to executive team

Great-West Life adds three to executive team

Great-West Life Assurance Co. has made three appointments to its executive team. Karrina Dusablon has joined the company as vice-president of national accounts for its plan…

  • By: Staff
  • August 8, 2018 September 13, 2019
  • 15:00
PSP Investments seeks direct partnership deal with stake in global talent agency

PSP Investments seeks direct partnership deal with stake in global talent agency

The Public Sector Pension Investment Board, alongside global alternative investment manager Investcorp, is taking a strategic minority stake in United Talent Agency. The capital from the…

Majority of Canadian employees rank work-life balance as good, excellent: survey

Majority of Canadian employees rank work-life balance as good, excellent: survey

Almost 70 per cent of Canadian employees said they have a good or excellent work-life balance, according to a new survey by staffing firm Robert Half.…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 16:15
Hub International acquires two Canadian benefits firms

Hub International acquires two Canadian benefits firms

Hub International Ltd. is acquiring Ontario-based Benefit Broker Services Inc. Benefit Broker Services, which is located in Wallaceburg, Ont., is a provider of services related…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 16:00
Pension funds with hefty real estate allocations on the rise: survey

Pension funds with hefty real estate allocations on the rise: survey

Real estate is more than a passing trend for global institutional investors, as evidenced by the growing number of allocations to the asset class of…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 10:45

CAPSA consulting on variable benefits, fee disclosure in DC plans

The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…

  • By: Staff
  • August 7, 2018 September 13, 2019
  • 09:00
Canadian DB pensions post positive, yet muted returns in second quarter

Canadian DB pensions post positive, yet muted returns in second quarter

Canadian defined benefit pension plans experienced a modest second quarter, according to separate reports by BNY Mellon Asset Management Canada Ltd. and RBC Investor and…

  • By: Staff
  • August 3, 2018 September 13, 2019
  • 08:00
What China’s inclusion on a major emerging market index means for pension plans

What China’s inclusion on a major emerging market index means for pension plans

Nearly half (48 per cent) of investors disagree with the MSCI’s recent decision to add 230 Chinese A-share, large-cap equities to its broad emerging market…

Caisse posts 3.3% return for first half of 2018, despite volatility

Caisse posts 3.3% return for first half of 2018, despite volatility

The Caisse de dépôt et placement du Québec posted a 3.3 per cent average return for the first half of 2018, adding $9.8 billion since…

  • By: Staff
  • August 2, 2018 September 13, 2019
  • 15:30
A look at international risk pooling

A look at international risk pooling

With SSQ Life Insurance Co. Inc.’s partnership with Allianz Global Benefits last month, the Canadian insurer is looking to provide its employer clients with the…

  • By: Ryan Murphy
  • August 2, 2018 September 13, 2019
  • 08:45