Today’s workplace is changing and more focus is being put on the psychological health of employees. “We use to primarily use our backs for work and the interest in the healthcare field and employee rights was about injury. Now that we are more of a knowledge based society, the injuries are physiological more often–or as […]
Coverage of the Canada Cup of Investment Management
While the federal government’s proposed pooled registered pension plan (PRPP) has its critics, pension plan sponsors welcome the relief that it could afford them, according to the latest MorneauShepell 60 Second Survey. Among the 79 participating organizations, the survey found 74% were considering adopting a PRPP because it would allow them to offload fiduciary liability […]
A Little Help September 01, 2008 | Jane Petruniak As benefits become ever more complex, employers are looking to consultants, brokers, insurers and third-party administrators for assistance. Here are some guidelines to keep in mind when choosing an advisor. In the world of employee benefits, plan sponsors rely on external advisors to assist with plan […]
Guiding Light August 01, 2008 | Alyssa Hodder In a challenging social and economic environment, plan sponsors are looking to pension and benefits consultants for enlightenment. It’s a demanding market for pension and benefits consultants. On the pension side, there’s only so much business to go around—particularly since the rate of conversion from defined benefit […]
Other Brieflies this week:| MON | TUE | WED | THU | FRI | Canada’s construction industry will need an additional 250,000 workers over the next eight years, according to a report. The Construction Sector Council’s report, Construction Looking Forward, finds that despite the hiring 42,000 new workers last year, another 162,000 will be required […]
The clock is ticking for the Ontario Teachers’ Pension Plan. Along with its plan sponsors (the Ontario Teachers’ Federation and the provincial government), Teachers’ has until September to file a balanced funding valuation with regulators—no easy task, considering the projected $12.7 billion shortfall for 2008. So what’s a large public defined benefit (DB) plan […]
Canada’s East coast is known to be one of the country’s most captivating regions—with its rugged coastline, picturesque fishing villages, breathtaking bays and rich culture. However, amidst all this beauty, Atlantic Canada is navigating through some challenging waters. With the improving economy, employers are experiencing worker shortages in some professions, while at the same time […]