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Friday 22 November 2024
Benefits Canada Daily Newsletters
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Top Stories
DB pension plan sponsors facing
DB pension plan sponsors facing "bottleneck" in annuities market: expert
Increased deal-making in the Canadian annuities market is adding pressure to DB plan sponsors seeking to de-risk their plans, says Actuarial Solutions' Jason Vary.
Claims for obesity, diabetes medications up in 2023: report
Claims for obesity, diabetes medications up in 2023: report
Diabetes medications saw a 13% increase in cost, accounting for 9% of total drug costs in 2023, and there was a 16% increase in claims related to diabetes, accounting for 7% of drug claims overall, according to a new survey by GreenShield.
PSP Investments investing in accounting firm, Caisse-backed fintech asset becoming private company
PSP Investments investing in accounting firm, Caisse-backed fintech asset becoming private company
PSP Investments’ allocation to accounting firm PKF O’Connor Davies will give it more flexibility to invest in new technology and service lines, while the Caisse now owns roughly 12% of equity in Montreal-based fintech provider Nuvei.
 
From the Archives
IBM transferring US$6 billion in pension liabilities via group annuity buyout
IBM transferring US$6 billion in pension liabilities via group annuity buyout
In September, IBM announced that Prudential Financial will assume responsibility for making retirement benefit payments to roughly 32,000 retirees and their beneficiaries beginning Jan. 1, 2025.
 
Question of the Week

What role does an Employee Assistance Plan (EAP) play in supporting employee health?

Answer from Michael Bradie, Vice President, Market Development and Growth, Health Solutions, Sun Life Canada
 
In Case You Missed It
Top 5 HR, benefits, pension and investment stories of the week
Top 5 HR, benefits, pension and investment stories of the week
An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week.
Physically active employees lose 10 fewer days of productivity annually: survey
Physically active employees lose 10 fewer days of productivity annually: survey
Workers who aren't interested in improving their health lost 14 more workdays in productivity annually than those who were motivated to improve their health, according to Telus Health's latest mental-health index.
 
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