A column by Hub International’s Ken MacDonald on his recent health-care journey was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: From burnout to brain tumour and back 2. Amazon supporting new Canadians with legal benefits […]
Scotiabank is appointing Jason Traetto as vice-president of global pensions and benefits. In the new role, he’ll lead the bank’s commitment to the total well-being of employees and their families while providing inclusive benefits to attract and motivate talent, according to a Scotiabank spokesperson. Read more People Watch news. Prior to joining Scotiabank, Traetto was associate vice-president […]
An article on how pension plan sponsors can manage risk amid economic and geopolitical instability was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. Expert panel: Risk management tips during economic, geopolitical uncertainty 2. Institutional investors reconsidering ESG […]
Canpotex Ltd. is supporting employee financial wellness with its new first home savings account. The FHSA, introduced in the federal government’s 2023 budget, allows Canadians to accumulate tax-free savings, within certain limits, towards the purchase of a first property. The Saskatchewan-based potash exporter recently added the savings option for its 157 Canadian employees following discussions […]
The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian jurisdictions in terms of funding rules, innovation, administration and reducing red tape. In an open letter to Alberta Finance Minister Nate Horner, the ACPM outlined several proposed legislative changes, based […]
For employers that are designing a financial wellness program, it’s important to provide a user-friendly, educational, and flexible offering that reflects the diversity of employees’ life stages, says Diana McLachlan, chief people officer at Wealthsimple. “Financial security is at the core of people’s lives, and when companies recognize that and invest in it meaningfully, it […]
CAA Club Group’s win in Benefits Canada’s 2024 Workplace Benefits Awards is reinforcing the company’s efforts to provide a comprehensive wellness program to its employees, says Joanna Marra, the organization’s director of wellness. “It’s fantastic for us to get the recognition in the space because we know the work we’re doing is being recognized outside […]
More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social connections, according to a new survey by the Ontario Municipal Employees Retirement System. The survey, which polled more than 750 workers and more than 750 retirees, found roughly eight in […]
Seventeen of the largest workplace pension providers in the U.K. have agreed to invest at least 10 per cent of their defined contribution default funds in private markets by 2030, with half of that total allocated to the U.K. The voluntary initiative, known as the Mansion House Accord, will be jointly led by the Association […]
For most of the decade since I joined Benefits Canada, it feels like the pension industry has been moving at a snail’s pace. Don’t get me wrong — I have witnessed many substantial (dare I say, exciting) developments in the industry, each one touted as a potential solution to Canadians’ retirement readiness concerns and increasingly […]