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Don’t miss these important benefits and pension dates for 2017

Don’t miss these important benefits and pension dates for 2017

As we look to the year ahead, there are many dates for professionals in the pension, benefits and investment industries to add to their calendars.…

  • By: Staff
  • December 28, 2016 September 13, 2019
  • 08:55
Top 10 health and benefits stories of 2016

Top 10 health and benefits stories of 2016

There was a lot to talk about in the health and benefits space in 2016, from the continuing climb of drug plan costs, questions around…

  • By: Staff
  • December 28, 2016 September 13, 2019
  • 08:54
OMERS invests in Equitable Group

OMERS invests in Equitable Group

Equitable Group Inc. has completed a private placement of the company’s 809,585 common shares with the Ontario Municipal Employees Retirement System for $61.76 per share…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 10:59
Alberta extends deadline for private sector pension governance policies

Alberta extends deadline for private sector pension governance policies

Pension plans administrators in Alberta’s private sector will have another year to put a governance policy in place. Under Bill 10, published in 2012, the…

Former New York pension official accused of accepting $100,000 in bribes

Former New York pension official accused of accepting $100,000 in bribes

Federal authorities allege that a former official at the pension fund for New York state public employees took bribes that included prostitutes, strippers, cocaine and a…

Continue employee benefit tax exemption, health associations urge

Continue employee benefit tax exemption, health associations urge

Groups representing nine health-care professions are urging the federal government to reconsider axing the employer-sponsored health-care tax exemption. Removing the exemption would discourage employers from offering…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 09:11
AIMCo appoints two new directors to its board

AIMCo appoints two new directors to its board

Alberta Investment Management Corp. has appointed Phyllis Clark and Ken Kroner to its board of directors, effective Jan. 1, 2017. Clark served as vice-president of…

  • By: Staff
  • December 23, 2016 September 13, 2019
  • 07:36
BASF enhances compassionate care, bereavement policies

BASF enhances compassionate care, bereavement policies

BASF Canada Inc. is enhancing its compassionate and bereavement policies for about 550 non-unionized employees across Canada. Effective Jan. 1, 2017, the chemicals company will…

Canadian pensions’ solvency ratio jumped at end of 2016: Mercer

Canadian pensions’ solvency ratio jumped at end of 2016: Mercer

The solvency ratio of Canadian pension plans increased significantly between the third and fourth quarters of 2016, according to Mercer’s latest pension health index. The median…

  • By: Staff
  • December 22, 2016 September 13, 2019
  • 10:00
Non-adherence a concern for plan sponsors

Non-adherence a concern for plan sponsors

If employees don’t take their medications as required, their non-adherence can affect not only themselves but also their employer. Non-adherence involves many issues, Chris Goguen,…

Toromont’s story of continued drug plan redesign

Toromont’s story of continued drug plan redesign

Toromont Industries Ltd., a construction equipment business with about 3,500 employees, has been on a long journey to revamp its drug plan after it noticed…

Face to Face: Drug Plan Management Toronto

Face to Face: Drug Plan Management Toronto

With the cost of health benefits projected to rise by another eight per cent in 2017, plan sponsors have yet another incentive to find ways…

Debunking myths in drug plan management

Debunking myths in drug plan management

There was a solid interactive element to Benefits Canada’s Face to Face Drug Plan Management Forum as participants took part in a live-polling session on…

Survey finds 74% of Canadians aged 24 to 44 view conventional retirement approach as outdated

Three-quarters (74 per cent) of Canadians aged 24 to 44 say the conventional approach to retirement — halting work at age 65 to enjoy a…

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

CAAT returns 9.5% for 2023, led by global, emerging market equities

The Colleges of Applied Arts and Technology pension plan saw a net return of 9.5 per cent for 2023, with net assets of $20.1 billion,…

  • By: Staff
  • April 18, 2024 April 18, 2024
  • 09:30

PSAC files policy grievance regarding transfer of PSHCP, impacts on plan members

The Public Service Alliance of Canada recently filed a policy grievance against the Treasury Board for its management of the transfer of the Public Service…

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Demand for data centres rising as institutional investors seek to diversify real estate portfolios: expert

Data centres are becoming an important asset for institutional investors seeking to diversify their real estate portfolios. The data centre asset class was valued at…