Home News Page 612

Top Stories in News

Almost a million Canadians cut food, heat spending to pay for drugs

Almost a million Canadians cut food, heat spending to pay for drugs

Almost one million Canadians cut spending on necessities such as food and heating to afford prescription drugs in 2016, according to a report by researchers at…

  • By: Ryan Murphy
  • February 13, 2018 September 13, 2019
  • 09:00
Sounding Board: The keys to managing rising mental-health LTD claims

Sounding Board: The keys to managing rising mental-health LTD claims

Diagnoses of mental and nervous disorders are rising along with the work leaves associated with them. And as the World Health Organization has noted, depression…

Have your say: Is it time to address dividend payments amid pension deficits?

Have your say: Is it time to address dividend payments amid pension deficits?

A group of Sears Canada Inc. pensioners will ask the Ontario Superior Court of Justice on Thursday to appoint a litigation trustee to review certain actions leading up to…

  • By: Staff
  • February 12, 2018 September 13, 2019
  • 16:00
B.C. to reduce prescription drug deductibles for low-income earners

B.C. to reduce prescription drug deductibles for low-income earners

British Columbia’s plan to eliminate or reduce prescription drug deductibles for low-income earners could also lead to lower drug costs for plan sponsors in the…

  • By: Ryan Murphy
  • February 12, 2018 September 13, 2019
  • 10:15
Scotiabank to acquire Jarislowsky Fraser

Scotiabank to acquire Jarislowsky Fraser

Scotiabank is acquiring independent investment firm Jarislowsky Fraser Ltd. for approximately $950 million. The transaction will create the third-largest active asset manager in Canada with $166 billion…

  • By: Staff
  • February 12, 2018 September 13, 2019
  • 10:02
DB solvency ratios up slightly in last quarter of 2017: FSCO

DB solvency ratios up slightly in last quarter of 2017: FSCO

The median solvency ratio for defined benefit plans regulated by the Financial Services Commission of Ontario was 94 per cent in the last quarter of…

  • By: Staff
  • February 12, 2018 September 13, 2019
  • 09:45
International equity markets boost CPPIB fund by nearly $9 billion in fourth quarter

International equity markets boost CPPIB fund by nearly $9 billion in fourth quarter

The Canada Pension Plan Investment Board saw a net increase of $8.9 billion in assets during the final quarter of 2017, bringing its total to $337.1…

  • By: Staff
  • February 9, 2018 September 13, 2019
  • 10:31
Advisors need a ‘strong voice’ in CLHIA’s compensation disclosure discussion

Advisors need a ‘strong voice’ in CLHIA’s compensation disclosure discussion

Advisors are making it clear they want to be a part of the conversation as the Canadian Life and Health Insurance Association develops its new compensation disclosure…

Canadians estimate $756K will provide a comfortable retirement

Canadians estimate $756K will provide a comfortable retirement

Ninety per cent of Canadians don’t have a retirement plan that takes into account their desired post-retirement lifestyle, according to a new survey by the Canadian Imperial…

  • By: Staff
  • February 9, 2018 September 13, 2019
  • 09:06
McCarthy Tétrault names new partner in pension, benefits group

McCarthy Tétrault names new partner in pension, benefits group

Deron Waldock has joined McCarthy Tétrault LLP as a partner in its national pension, benefits and compensation group, working out of the firm’s Toronto office.…

  • By: Staff
  • February 9, 2018 September 13, 2019
  • 09:04
Manulife, Sun Life partner with tech firms to simplify benefits administration

Manulife, Sun Life partner with tech firms to simplify benefits administration

Manulife Financial Corp. is partnering with Vitech Systems Group Inc. as a software provider and system integrator for its Canadian group benefits business. Vitech’s insurance…

  • By: Staff
  • February 9, 2018 September 13, 2019
  • 09:02
Editorial: Projections for drug costs a mixed bag for plan sponsors

Editorial: Projections for drug costs a mixed bag for plan sponsors

As the new year gets underway, it’s a busy season for predictions about what’s ahead for 2018. When it comes to employer-sponsored drug plans, costs…

How H&M trains all employees from behind the cash register

How H&M trains all employees from behind the cash register

At H&M, before office employees get to their desks, they need to learn about the company from behind the cash register. In fact, some new employees…

Canada Life facing gov’t financial sanctions following delayed benefits access for public employees

The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…

  • By: Staff
  • May 3, 2024 May 3, 2024
  • 15:00

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

A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

CPPIB sells 2.78% stake in India logistics firm

The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00

Expert panel: Have hedge funds budged on hurdle rates?

Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…