The federal government’s plan to extend employment insurance parental benefits to 18 months is “misguided” and “sets a bad precedent,” according to a number of…
Kevin Hendershot has joined Mercer as a principal at its Toronto office. Hendershot’s previous experience includes client management roles at Accenture, Allstream Inc. and Microsoft Corp. “Kevin is…
Canadian public equities led the way as the Canada Pension Plan Investment Board saw a 12 per cent return in its latest fiscal year. On Thursday,…
Douglas Moodie has been appointed as president and chief executive officer of the Nova Scotia Pension Services Corp. after serving in the role on an…
Defined benefit pension plans regulated by the Financial Services Commission of Ontario are continuing the trend towards improved solvency ratios. The median solvency ratio rose…
What can plan sponsors do about the rising costs of their drug plans? Participants at the Face to Face in Drug Plan Management Forum in…
With big escalations in drug plan costs year after year, many plan sponsors want to get a better grip on spending. But how can drug…
Non-compliance with prescription medications is a huge concern for drug plan sponsors who worry about wasting money and worsened outcomes for their members. A panel…
With increasing use of cannabis for therapeutic purposes and legalization pending for recreational use, many employers are wondering about the implications for their drug plans…
What are some of the common myths and misconceptions in drug plan management? Panellists explored the issues during the recent Face to Face in Drug…
China seeks to limit investment flows to world’s biggest money fund.
The federal government has proposed amendments to the patented medicines regulations to reduce the costs of prescription drugs in Canada. “This is a consultation process, so what…
Ninety per cent of Canadians would be willing to contribute more to a pension to ensure they have a predictable income at retirement, according to…
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…
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…
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…
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…
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…
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…