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.…
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…
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…
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…
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…
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…
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…
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…
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…
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 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…
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…
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…
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…