Latest news in Benefits Canada News

Panel discussion: Hot topics in drug plan management

Panel discussion: Hot topics in drug plan management

From drug pooling to medical marijuana, plan sponsors have a number of issues to keep track of when it comes to their benefits plans. At…

From pharmacare to PMPRB reforms: The changing landscape for private plans

From pharmacare to PMPRB reforms: The changing landscape for private plans

With a number of government reforms and new policies in the works, plan sponsors may well wonder about the potential impact on private drug plans.…

Smart beta strategies on the rise: survey

Smart beta strategies on the rise: survey

A large majority (91 per cent) of institutional asset owners either have some allocation to a smart beta strategy, have evaluated the concept or are…

  • By: Staff
  • May 22, 2018 September 13, 2019
  • 10:32
Open offices can have unintended consequences on workers, study finds

Open offices can have unintended consequences on workers, study finds

Being constantly visible to co-workers isn’t necessarily easy or positive for employees, especially women, according to a recent study published in an online academic journal.…

  • By: Staff
  • May 21, 2018 September 13, 2019
  • 11:39
Younger workers less likely to unplug while on vacation, survey finds

Younger workers less likely to unplug while on vacation, survey finds

Almost half of younger workers say they have some contact with work during vacations, a new survey has found. According to findings from Accountemps, 46…

  • By: Staff
  • May 21, 2018 September 13, 2019
  • 11:18
PSP Investments’ Nathalie Bernier honoured as Canada’s CFO of the year

PSP Investments’ Nathalie Bernier honoured as Canada’s CFO of the year

The Public Sector Pension Investment Board’s Nathalie Bernier is Canada’s chief executive officer of the year for 2018. Financial Executives International Canada, PricewaterhouseCoopers LLP and…

  • By: Staff
  • May 21, 2018 September 13, 2019
  • 10:54
Julie Holden forms new workplace health consultancy

Julie Holden forms new workplace health consultancy

Julie Holden is principal of a new workplace health consultancy, Holden & Associates. Since July 2014, she worked at SEB Benefits & HR Consulting Inc., most recently…

  • By: Staff
  • May 18, 2018 September 13, 2019
  • 16:00
Terms of Wabush settlement to include $18M payment towards pension shortfall

Terms of Wabush settlement to include $18M payment towards pension shortfall

The terms of a settlement for Wabush Mines’ former employees and retirees are now available, including an $18-million payment to address a $28-million pension shortfall and an…

  • By: Staff
  • May 18, 2018 September 13, 2019
  • 10:08
Time for DIY annuity portfolios?

Time for DIY annuity portfolios?

With annuities largely comprised of fixed-income investments, can the sponsors of pension plans gain an advantage by replicating such a portfolio on their own with…

Cisco introduces paid leave for new grandparents

Cisco introduces paid leave for new grandparents

Software company Cisco Systems Inc. is introducing three paid days off as a benefit for new grandparents for all of its employees around the world. The…

Well-being, technology among 2018 human resources trends: report

Well-being, technology among 2018 human resources trends: report

Key areas of focus for employers for 2018 include the themes of well-being, data, new rewards and technological advances, according to Deloitte’s latest annual report on…

  • By: Staff
  • May 17, 2018 September 13, 2019
  • 15:30
Green Shield Canada launches pilot to help plan members track chronic pain

Green Shield Canada launches pilot to help plan members track chronic pain

Green Shield Canada is offering plan members who suffer from chronic pain free access to a mobile app that tracks their pain, analyzes it and…

  • By: Staff
  • May 17, 2018 September 13, 2019
  • 15:00
CPPIB posts 11.6% return for 2018 fiscal year

CPPIB posts 11.6% return for 2018 fiscal year

The Canada Pension Plan Investment Board posted a net annual return of 11.6 per cent as the end of its fiscal year on March 31,…

  • By: Staff
  • May 17, 2018 September 13, 2019
  • 10:52
Hybrid of core coverage, personalized benefits touted as future of health plans

Hybrid of core coverage, personalized benefits touted as future of health plans

What’s the future of health benefits in Canada? A hybrid model of core coverage and personalized benefits is a likely scenario, speakers at an event…

Wabush employees, retirees to see pension increase after three-year battle

Wabush employees, retirees to see pension increase after three-year battle

Three years after Wabush Mines filed for restructuring, its former employees and retirees will see an increase to their pensions, following a previous reduction of between 21…

Climate change task force launches new knowledge hub

Climate change task force launches new knowledge hub

With no standardized system in place for measuring company activities, it has historically been a challenge for institutional investors to assess their climate-related impact. The…

  • By: Staff
  • May 16, 2018 September 13, 2019
  • 16:45
Reformulary Group to develop cannabis formulary

Reformulary Group to develop cannabis formulary

The Reformulary Group Inc. has formed a cannabis formulary committee that will review evidence for medical marijuana and provide expert opinions and criteria for its…

  • By: Staff
  • May 16, 2018 September 13, 2019
  • 15:40
49% of Canadians suffer from mental illness at some point: survey

49% of Canadians suffer from mental illness at some point: survey

Almost half (49 per cent) of Canadians have experienced some form of mental illness in their lifetime, according to a new survey by Sun Life…

  • By: Staff
  • May 16, 2018 September 13, 2019
  • 10:44
iA Financial Group rolls out retirement website to all plan members

iA Financial Group rolls out retirement website to all plan members

iA Financial Group is rolling out its retirement website to all group and individual plan members. The website, which aims to help people prepare for…

  • By: Staff
  • May 16, 2018 September 13, 2019
  • 09:37
Telemedicine, pharmacogenetics among services in Medcan’s new health program

Telemedicine, pharmacogenetics among services in Medcan’s new health program

Toronto-based health company Medcan is introducing a health benefits program that includes telemedicine, pharmacogenetics and online health modules. More than 100 plan sponsors are currently…

Carbon footprint of Bâtirente’s equities portfolio 35% lower than benchmark

Carbon footprint of Bâtirente’s equities portfolio 35% lower than benchmark

The carbon footprint of Bâtirente’s overall equities portfolio is 35 per cent lower than its benchmark, according to a report by the Quebec-based pension fund. The report also…

  • By: Staff
  • May 15, 2018 September 13, 2019
  • 16:55
Equities drag down pension funded status, U.S. plan returns

Equities drag down pension funded status, U.S. plan returns

The funded status of the Segal Group Inc.’s model multi-employer pension plan dipped to 98 per cent during the first quarter of 2018, down from…

  • By: Staff
  • May 15, 2018 September 13, 2019
  • 16:45
Have your say: Will plan sponsors embrace variable benefits from DC plans?

Have your say: Will plan sponsors embrace variable benefits from DC plans?

Earlier this month, the Pension Investment Association of Canada came out in support of Ontario’s proposed regulations for variable benefits from defined contribution pension plans.…

Canadians’ retirement confidence drops as life expectancy rises

Canadians’ retirement confidence drops as life expectancy rises

Almost half (45 per cent) of Canadians are confident they’ll be able to maintain their standard of living in retirement to a life expectancy of 85,…

  • By: Staff
  • May 15, 2018 September 13, 2019
  • 09:00
Pension communication errors can lead to surprise costs for plan sponsors

Pension communication errors can lead to surprise costs for plan sponsors

Pension plan sponsors can save money by ensuring their plan texts and other communications materials are free of mistakes, says Mitch Frazer, a partner and the chair…