Latest news in Benefits Canada News

CalPERS CEO pay reaching US$1.2M due to investment performance boost: report

Marcie Frost, chief executive officer at the California Public Employees’ Retirement System, is receiving a significant bonus that will boost her compensation to more than…

  • By: Staff
  • September 25, 2024 September 23, 2024
  • 15:00
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58% of Canadian employers communicating pay information regardless of regulations: survey

The majority of U.S. (86 per cent) and Canadian (58 per cent) employers say they communicate pay rates or ranges across the entire country or…

  • By: Staff
  • September 25, 2024 September 24, 2024
  • 15:00

Work still to be done to address mental-health risks in the workplace: 2024 BCHS report launch

Benefits plan sponsors’ efforts to reduce stigma around mental-health challenges and encourage employees to bring their whole selves to work are bearing fruit, said benefits…

  • By: Kelsey Rolfe
  • September 25, 2024 September 23, 2024
  • 09:00
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Survey finds 33% of North American workers report declining financial situation

A third (33 per cent) of North American workers say they’re financially worse off than a year ago and have financial issues that are negatively…

  • By: Staff
  • September 24, 2024 September 20, 2024
  • 15:00
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AIMCo making key appointments to executive team as CIO steps away from role

The Alberta Investment Management Corp. is appointing two of its investment leaders to new executive roles, effective immediately, as Marlene Puffer steps away from her…

  • By: Staff
  • September 24, 2024 September 24, 2024
  • 15:00

Expert panel: The different pathways to pursuing a total portfolio approach

The total portfolio approach is gaining interest as a new investing strategy for pension funds and other asset owners, but its novel status may be…

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86% of institutional investors adopting sustainable investing strategies: survey

Roughly nine in 10 (86 per cent) institutional investors with assets under management of US$10 billion or more say they’re incorporating sustainable investments as part…

  • By: Staff
  • September 24, 2024 September 20, 2024
  • 11:00

Plan sponsors encouraged to use benefits for preventative health care: 2024 BCHS report launch

Canadian benefits plan sponsors are increasingly seeking to balance providing competitive benefits against plan sustainability issues, said expert panellists during the launch event for the…

  • By: Kelsey Rolfe
  • September 24, 2024 September 23, 2024
  • 09:00
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Canadian employers project average base salary increase of 3.6% in 2025: survey

Canadian employers are projecting an average base salary increase of 3.6 per cent in 2025, a percentage that increases to 3.9 per cent among British…

  • By: Staff
  • September 23, 2024 September 23, 2024
  • 15:00

Plan members’ financial strain a call to action for plan sponsors: 2024 BCHS report launch

Canadian health benefits plan members are increasingly feeling financially strained, according to the 2024 Benefits Canada Healthcare Survey — a finding that experts say should…

  • By: Kelsey Rolfe
  • September 23, 2024 September 20, 2024
  • 09:00
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Caisse investing in U.S.-based utilities firm, BCI backing acquisition of India-based communications infrastructure provider

The Caisse de dépôt et placement du Québec is buying a 30 per cent indirect stake in the Ohio subsidiary of energy firm AES Corp.…

  • By: Staff
  • September 20, 2024 September 20, 2024
  • 15:00

Top 5 HR, benefits, pension and investment stories of the week

An article on International Business Machines Corp.’s latest pension risk transfer was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • September 20, 2024 September 19, 2024
  • 09:00

Workplace wellness culture influencing job satisfaction, perception of benefits plan: 2024 BCHS

While three-quarters (76 per cent) of benefits plan members agreed their employer’s workplace culture or environment encourages health and wellness, plan sponsors were more enthusiastic,…

  • By: Staff
  • September 20, 2024 September 19, 2024
  • 09:00
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PSP Investments’ green assets increased to $64.9BN in fiscal 2024: report

The Public Sector Pension Investment Board has $64.9 billion invested in green assets, compared to $48.9 billion in fiscal 2023, according to the investment organization’s…

  • By: Staff
  • September 19, 2024 September 18, 2024
  • 11:00

Majority of employers feel it’s challenging to provide benefits in today’s economic climate: 2024 BCHS

A large majority (80 per cent) of Canadian employers feel it’s extremely (36 per cent) or somewhat challenging (44 per cent) to provide benefits in…

  • By: Staff
  • September 19, 2024 September 18, 2024
  • 09:00
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DEI pushback an opportunity for employers to highlight intention behind diversity, inclusion initiatives: expert

While the recent pullback from diversity, equity and inclusion policies by several large employers may be concerning to some employees, it also provides companies with…

  • By: Blake Wolfe
  • September 19, 2024 February 21, 2025
  • 09:00

Increasing cybersecurity risks pushing institutional investors to build effective response plans: expert

An increase in the frequency of digital breaches among financial organizations is pushing institutional investors to take the necessary steps to prevent cyberattacks, says Sebastien…

ONWA joining CAAT’s DBplus pension plan

Roughly 200 employees of the Ontario Native Women’s Association are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The ONWA is a…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 15:00

38% of plan members experiencing loneliness, isolation, social disconnection: 2024 BCHS

Nearly two-fifths (38 per cent) of benefits plan members are experiencing a general sense of loneliness, isolation and social disconnection, according to the 2024 Benefits…

  • By: Staff
  • September 18, 2024 September 17, 2024
  • 09:00

Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023

In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…

  • By: Staff
  • September 18, 2024 September 18, 2024
  • 09:00
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Ontario DB pension plans’ average solvency ratio increases to 123% in Q2 2024: FSRA

The median projected solvency ratio for Ontario defined benefit pension plans was 123 per cent as at June 30, 2024, up slightly from 122 per…

  • By: Staff
  • September 17, 2024 September 13, 2024
  • 09:00

UPP promoting responsible labour standards across portfolio: report

The University Pension Plan is promoting responsible labour standards in the direct operations that it invests in, according to a new stewardship report from the…

  • By: Staff
  • September 16, 2024 September 13, 2024
  • 15:00

24% of U.S. employees caring for child, adult dependants more likely to leave job: survey

A quarter (24 per cent) of U.S. employees who are in a caregiving role for both a child and dependent adult are more likely to…

  • By: Staff
  • September 16, 2024 September 16, 2024
  • 15:00
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Sun Life Canada appointing Jacques Goulet as executive chair, Jessica Tan as president

Sun Life Financial Inc. is appointing Jacques Goulet as executive chair and Jessica Tan as president of Sun Life Canada, effective Sept. 30. In his…

  • By: Staff
  • September 16, 2024 September 16, 2024
  • 15:00