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Friday 04 October 2024
Benefits Canada Daily Newsletters
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Top Stories
Quebec class action raising questions over DB pension liability following plan sponsor reorganization
Quebec class action raising questions over DB pension liability following plan sponsor reorganization
The Quebec Superior Court authorized a $65 million class action in which the plaintiffs allege a conglomerate’s 2011 reorganization and 2014 bankruptcy was a sham that deprived them of the assets required to honour their pensions.
Q&A with B.C. Lottery Corp.'s Madhavee Inamdar
Q&A with B.C. Lottery Corp.'s Madhavee Inamdar
FROM THE MAGAZINE: The BCLC’s manager of diversity, inclusion and belonging discusses weaving inclusivity into the fabric of a business, bringing organizations together to share diversity, equity and inclusion best practices and the joy of canine companions and Bollywood.
Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA
Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA
In 2023, health insurers paid out a record $48 billion in total claims, up from $43.9 billion in 2022, according to a new report by the CLHIA.
 
From the Archives
Wells Fargo agrees to pay $1BN to public retirement plan members to settle class action lawsuit
Wells Fargo agrees to pay $1BN to public retirement plan members to settle class action lawsuit
In 2023, Wells Fargo agreed to pay US$1 billion to settle a lawsuit filed by its two public sector pension plans that alleged the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal came to light in 2016.
 
Events

 
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 national dental-care and pharmacare programs will impact unionized employees was the most-read story on BenefitsCanada.com this past week.
Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline
Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline
Ensuring fulsome observance of the 2024 guideline will be particularly challenging for small- and medium-sized employers, which often don’t have the resources or internal expertise to perform or even supervise performance of the many tasks for which a CAP sponsor is responsible under the guideline.
 
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