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Pension plan solvency ratios in positive territory in April

Pension plan solvency ratios in positive territory in April

Aon Hewitt is crediting strong equity equity markets with helping to keep solvency ratios for Canadian defined benefit pension plans in positive territory in April.…

  • By: Staff
  • May 4, 2017 September 13, 2019
  • 10:18
Mental Health Week: Reaching men requires a strategic approach

Mental Health Week: Reaching men requires a strategic approach

When reaching out to men as part of mental-health efforts, it can helpful to frame them in particular ways by making the issue more about productivity and less…

Just 38% of U.S. employers offer paid parental leave

Just 38% of U.S. employers offer paid parental leave

Roughly a third of U.S. employers (38 per cent) offer paid parental leave to new parents, according to a report from WorldatWork and Mercer. There’s no…

  • By: Staff
  • May 3, 2017 September 13, 2019
  • 09:56
Days of ‘gravy train’ approach to drug plans at an end, says prof

Days of ‘gravy train’ approach to drug plans at an end, says prof

The benefits industry often talks about the need for organizations to change the design of their drug plans, but how many of them are actually…

Ontario DB plans see slight improvement in financial picture: FSCO

Ontario DB plans see slight improvement in financial picture: FSCO

While the going-concern funding levels of Ontario’s defined benefit pension plans have improved slightly, the solvency picture remains stagnant, according to the Financial Services Commission…

  • By: Staff
  • May 3, 2017 September 13, 2019
  • 09:45
Plan members need help with co-ordinating care: report

Plan members need help with co-ordinating care: report

The number of high-cost drugs and patients with multiple chronic conditions continues to rise, according to Express Scripts Canada’s drug trend report for 2016. While…

  • By: Jann Lee
  • May 3, 2017 September 13, 2019
  • 08:43
Have your say: Should other provinces follow Ontario’s pharmacare plan?

Have your say: Should other provinces follow Ontario’s pharmacare plan?

As Benefits Canada reported last week, the Ontario government announced in its 2017 budget that it will begin offering universal pharmacare to youth under the age…

  • By: Staff
  • May 2, 2017 September 13, 2019
  • 10:31
Uber subsidizes benefits for U.K. drivers

Uber subsidizes benefits for U.K. drivers

Uber drivers in Britain are now eligible for certain employee benefits. After completing 500 trips, active drivers can join the Association of Independent Professionals and…

  • By: Staff
  • May 2, 2017 September 13, 2019
  • 10:24
CPPIB, OMERS buy PortsToronto headquarters for $96M

CPPIB, OMERS buy PortsToronto headquarters for $96M

The Canadian Pension Plan Investment Board and Oxford Properties Group, the real estate arm of the Ontario Municipal Employees’ Retirement System, have purchased the downtown headquarters…

  • By: Staff
  • May 2, 2017 September 13, 2019
  • 10:24
Can Home Capital ‘plug the gap’ with $2B from HOOPP?

Can Home Capital ‘plug the gap’ with $2B from HOOPP?

As Home Capital Group Inc. grapples with plunging share prices and large withdrawals in quick succession, the Healthcare of Ontario Pension Plan has inserted itself into the…

Caisse provides $107M loan to solar power producer

Caisse provides $107M loan to solar power producer

The Caisse de dépôt et placement du Québec will provide $107 million in debt financing to a Canadian rooftop solar power producer. Potentia Renewables Inc.,…

  • By: Staff
  • May 1, 2017 September 13, 2019
  • 10:31
Employee expectations, employer offerings don’t match up: report

Employee expectations, employer offerings don’t match up: report

Many Canadian employers are out of touch when it comes to attracting talent, a new report from Randstad Canada suggests.  The research found employees value competitive…

  • By: Staff
  • May 1, 2017 September 13, 2019
  • 10:28
PortsToronto hires Aon Hewitt as OCIO

PortsToronto hires Aon Hewitt as OCIO

PortsToronto has hired Aon Hewitt to provide outsourced chief investment officer services for its employee pension plan. “From the beginning, we were interested in the…

  • By: Staff
  • May 1, 2017 September 13, 2019
  • 09:33

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…