The discount rates used by Canadian pension plans have declined for the fourth consecutive year.
Robert Chepelsky has joined Manulife Asset Management as a managing director and product manager.
The majority of pension plan sponsors believe that Canada is experiencing a retirement crisis, according to a survey.
Mock named new Teachers’ CEO, work hurts, benefits costs to overwhelm most companies, help wanted, the month in numbers, and product corner.
By the end of 2013, the number of mobile-connected devices will exceed the number of people on earth, and by 2017, there will be nearly 1.4 mobile devices per capita. If these stats—taken from Cisco’s data traffic projections—are uninspiring, consider the bottom line: if you don’t get in the game, someone else will.
When a company name is associated with healthcare, is there more pressure to practise what it preaches when it comes to supporting its own employees’ good health? Basil Rowe, Shoppers Drug Mart’s vice-president, total rewards and shared services, describes the motivation as more of a keen desire to have internal best-in-class programs that reflect Shoppers’ external customer care business model. “We want to demonstrate to our employees that their well-being is important to us,” he says.
A study finds that employee health, drug and disability costs have risen significantly or are expected to increase, but only 15% of companies have considered a funding strategy to address the impact of future cost drivers such as an aging workforce, the expenses related to drug and disability plans, and legislative changes.
During Benefits Canada’s annual DC Plan Summit, plan sponsors participated in interactive sessions. They split into small groups and were given questions to discuss. Based on these discussions, moderators later offered their insights and relayed key take-aways. Idan Shlesinger, managing partner, DC pensions and savings plans with Morneau Shepell shares the best ideas from the […]
A whole new regulatory environment is taking shape for banks and near-bank financial institutions. From an investor’s perspective, the new requirements—regardless of the form that they ultimately assume—will undoubtedly influence the stock and bond markets, the over-the-counter derivatives markets and financial transactions in general.
An estimated 12% of employees have diagnosed mental health issues, according to one speaker at Benefit Canada’s Mental Health Summit. Judging from other conference participants, employers find it difficult to create workplaces that are healthy for mind and body.