As more Canadian employers introduce return-to-office mandates, remote work opportunities remain a sought-after perk by plan members, according to the 2025 Benefits Canada Healthcare Survey. Four in five (84 per cent) plan members said they expect their employer to support their health and well-being outside of offering a benefits plan. Asked to select the three […]
A fifth (22 per cent) of plan sponsors said their organization has seen an uptick in benefits fraud, either by plan members, service providers or organized crime, according to the 2025 Benefits Healthcare Survey. During a panel discussion at Benefits Canada’s 2025 Toronto Benefits Summit last week, Lancelot Lambert, regional vice-president of Ontario and Atlantic […]
Women’s mental health has historically been underfunded and under-researched, with just three per cent of neuroscience and psychiatry studies between 2009 and 2019 conducted exclusively in females, compared to about 30 per cent in males, according to research cited by Manulife Canada’s Georgia Pomaki during a session at Benefits Canada’s 2025 Mental Health Summit. Yet, […]
As plan sponsors contend with high utilization of their drug plans and a host of costly new drugs coming to market, a variety of cost-containment measures can ensure plans remain sustainable while still supporting members. Plan sponsors’ annual drug plan spend has been steadily rising, said Martin Gascon, senior director of group benefits at Eckler […]
Plan sponsors are facing the perfect storm of rising benefits costs, a surge in chronic disease prevalence and fierce competition for top talent. All the while, 55 per cent of Canadian workers feel their employee benefits plan doesn’t fully meet their needs, according to Telus Health’s mental-health index. More than 50 per cent of plan members […]
While migraine is a complex neurological condition that can significantly impact patients’ quality of life and ability to work, it’s also poorly understood and often accompanied by the weight of stigma, said Elizabeth Leroux, faculty lecturer at McGill University, during a session sponsored by Lundbeck at Benefits Canada’s 2024 Healthy Outcomes Conference. One in 10 Canadians […]
During the coronavirus pandemic, McCarthy Tétrault elevated its well-being program and made sure employees had access to the resources they needed. But within a couple of years, Rita Apa (pictured right), the law firm’s chief human resources officer, said her team realized it was “deploying tactics instead of truly developing and implementing a coherent wellness […]
Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment knowledge may be too high, hindering engagement efforts, according to a survey by MFS Investment Management. The survey of around 1,000 Canadian DC plan members, including 700 active members and 300 […]
Pension plan members’ primary concerns about their golden years are whether they’ve saved enough money to live their dream retirement, whether those funds will last and whether they’ll be able to leave a legacy for their family. But numerous surveys of Canadians indicate many don’t feel financially literate enough to address those concerns, according to […]
The rapid rise in the cost of living in 2022 and into 2023 underscored the need for target-date funds to not just protect against standard inflation, but inflation shocks as well. The problem that presents is the more inflation protection that’s added into a portfolio, the lower the returns, said Nick Nefouse, managing director, global […]