Latest news in Benefits Canada News

Largest global pension funds’ combined assets decreased 12.9% in 2022: report

The world’s largest 300 pension funds saw their assets decrease by 12.9 per cent to US$20.6 trillion in 2022, down from $23.6 trillion at the…

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00
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34% of U.S. women don’t have an employer-sponsored retirement plan: survey

A third (34 per cent) of U.S. women say they don’t have access to an employer-sponsored retirement plan, while a fifth (22 per cent) say…

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00

AIMCo opening first Asia office in Singapore, remains leery of China

The Alberta Investment Management Corp. is opening its first Asian office, but the Edmonton-based investment organization says it will steer well clear of China to focus instead on markets with less…

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U.S. workers who understand benefits plan say they’re happier, have greater stability: survey

The majority of U.S. workers who say they understand their workplace benefits plan are happier (76 per cent) and have a greater sense of overall…

  • By: Staff
  • September 13, 2023 September 12, 2023
  • 09:00

Survey finds 53% of U.S. workers say DEI a key factor when searching for new job

More than half (53 per cent) of U.S. workers say diversity, equity and inclusion is a key factor when considering a new job, a percentage…

  • By: Staff
  • September 13, 2023 September 12, 2023
  • 09:00

Caisse selling ownership stake in U.S. insurance, consulting firm

The Caisse de dépôt et placement du Québec is selling its ownership stake in a U.S.-based insurance and consulting firm. Through the agreement, the investment…

  • By: Staff
  • September 12, 2023 September 12, 2023
  • 11:54
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U.S. employers’ health benefits costs expected to rise 5.4% per employee: survey

U.S. employers say they’re expecting their total health benefits plan costs to rise by an average of 5.4 per cent per employee in 2024, according…

  • By: Staff
  • September 12, 2023 September 11, 2023
  • 09:00
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Office real estate investments, valuations declined in 2022: report

Investments in office real estate, as a part of total transaction activity, declined by 20 per cent in North America and 50 per cent in…

  • By: Staff
  • September 12, 2023 September 11, 2023
  • 09:00
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56% of institutional investors increasing allocations to alternatives: survey

More than half (56 per cent) of institutional investors say they plan to increase their allocation to alternative investments allocation over the next 12 months, up…

  • By: Staff
  • September 11, 2023 September 11, 2023
  • 15:00

How hybrid workplaces and employees can navigate flu season

While many workplaces have shifted to hybrid arrangements coming out of the coronavirus pandemic, employment experts say workers should be cautious about using that added…

CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar

The Canadian Association of Pension Supervisory Authorities’ new risk management guideline allows for additional flexibility amid evolving issues such as cybersecurity and environmental, social and…

  • By: Blake Wolfe
  • September 11, 2023 September 10, 2023
  • 09:00
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Canadian employers say competing for talent, rising mental-health issues impacting benefits strategy: survey

Canadian employers say competition for talent (84 per cent), rising mental-health issues (63 per cent) and a focus on inclusion and diversity (48 per cent)…

  • By: Staff
  • September 11, 2023 September 10, 2023
  • 09:00

Survey finds few U.S. employers offering 4-day workweek

Just five per cent of U.S. employers say they’re offering a four-day workweek as a flexible working arrangement for employees, according to a new survey by…

  • By: Staff
  • September 8, 2023 September 10, 2023
  • 15:00

Online gig work growing rapidly, but workers lack benefits, retirement plans: report

Roughly half of online gig workers across the globe don’t have a retirement plan, a percentage that increases among Venezuelan (73 per cent) and Nigerian (75 per…

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

An article announcing the finalists in Benefits Canada‘s 2023 Workplace Benefits Awards was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • September 8, 2023 September 7, 2023
  • 09:00

Institutional investors increasing U.S. power generation assets amid concerns of energy independence: webinar

Amid concerns of energy independence and rising costs, institutional investors are increasing their investments in U.S. power plants and electricity-generating assets, said Aleksandar Andonov, associate…

OMERS Ventures appointing Michael Yang as managing partner, head of ventures

The Ontario Municipal Employees’ Retirement System venture capital arm is appointing Michael Yang as managing partner and head of ventures. Yang joined OMERS Ventures in…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 11:23
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Survey finds institutional investors expect yuan to achieve reserve currency status

Nearly all (93 per cent) institutional investors believe the Chinese yuan is going to become the reserve currency for multiple countries within the next five…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 11:00
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Newfoundland and Labrador arbitrator rules pension grievance can proceed despite late filing, citing ‘culture of acquiescence’

An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of…

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Metro, Unifor agreement includes pension, benefits gains

The union representing 3,700 frontline grocery workers at 27 Metro Inc. stores across the Greater Toronto Area has ratified a collective agreement that includes pension and…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 09:00
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Return-to-office plans fall flat amid arbitrary rules, lack of communication

Before the coronavirus pandemic, Jamie Burke was happy with her job. Working in property management, the extroverted Vancouverite went into the office every day, took…

AI tools helping insurers manage plan costs by weeding out instances of benefits fraud

In 2022, Beneva Inc.’s fraud management department noticed unusual activity under a plan member’s account. The insurer’s artificial intelligence tool, used to analyze millions of…

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Indeed offering $10,000 to U.S. transgender workers who want to relocate

As several U.S. states enact legislation restricting gender-affirming care, Indeed Inc. is offering US$10,000 to transgender employees or those with transgender children who want to…

  • By: Staff
  • September 6, 2023 September 5, 2023
  • 09:00
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U.S. public DB pension plans’ funded ratio continues to increase: report

The funded ratio of the 100 largest U.S. public defined benefit pension plans increased to 76.8 per cent as of July 31, up from 75.8…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 12:08

Ontario Teachers’ acquires majority stake in U.K. wealth manager; OMERS backing lithium battery recycling operator

The Ontario Teachers’ Pension Plan is acquiring a majority stake in a U.K.-based wealth and investment manager. Seven Investment Management oversees more than £21 billion in assets for 2,300…

  • By: Staff
  • September 5, 2023 September 7, 2023
  • 11:00