Communicating information to employees is always an issue for organizations. But when that information is total rewards, it’s a bigger issue.
While volatility in financial markets continues to pose a challenge to DC plan sponsors and members, the initial panic that followed in the wake of 2008 has somewhat subsided. De-risking DC—while still on the plan sponsor’s radar—is no longer the order of the day.
Morneau Shepell has acquired Collage Pediatric Therapy, a privately held group of professionals dedicated to providing multidisciplinary health services to children.
At Green Shield Canada, we believe that, for years, the health and dental benefits industry has been short-sighted by largely treating the claim administration capabilities of the carriers almost entirely as a commodity and focusing on the administration price as the only real differentiator.
As the economy returns to full capacity, salary budget increases for Canadian employees are remaining steady.
Only a few years ago, it was standard practice for Canadian employers to spread the love around when it came to working with HR consultants. They would have different providers for pension and health benefits consulting, as well as for employee communication, administration, compensation and other services. More recently, organizations have demonstrated an increased willingness to partner with a single consultancy for multiple services.
As mentioned in my last article, Do all insurers pay claims the same?, Mercer recently completed a survey of the Canadian group insurance market on technology. This was a followup to a similar survey completed approximately 18 months ago. And despite our frustrations in getting detailed responses to our questions on claims adjudication specifics, the […]
Many DB plans around the world, including Canada, are in bad shape, according to a study.
Canada’s DB plans are in a stronger position than they were three months ago, according to two different consultant reports.
The past few years for the pension industry have been difficult, to put it mildly. But for the Top 100 pension plans, things are starting to look up. Pension assets have cracked the $800-billion mark for the first time ever and are closing in on $900 billion. Assets climbed nearly 10%, with a number of plans reporting double-digit increases. And there was just one plan that reported a decline in assets, compared with 26 in 2011.