While nearly all (97 per cent) large U.S. employers say they offer mental-health coverage, fewer than half (47 per cent) of employers are measuring whether these benefits are delivering timely, effective care, according to a new survey by the Employee Benefit Research Institute. The survey, which polled more than 400 employers, found just 22 per […]
Canadian public sector employees continue to outpace private sector workers in defined benefit pension plan membership, according to a new report by the Fraser Institute. It found 86.7 per cent of Canadian public sector workers were covered by a registered pension plan compared to only 21.8 per cent in the private sector, citing data from […]
The Ontario Teachers’ Pension Plan is appointing Christopher Metrakos as executive managing director of infrastructure and natural resources, effective immediately. In this role, he’ll be responsible for guiding strategy, portfolio and asset management activities globally. Metrakos joined the Ontario Teachers’ in 2014 and was most recently its senior managing director of natural resources. Read more People […]
The Saskatchewan Pension Plan is appointing Chad Hilton as chief executive officer, effective Oct. 20. Hilton brings more than 20 years of progressive leadership experience in the financial services sector and, most recently he was regional vice-president at the Bank of Montreal. Read: Getting to know Shannan Corey and the Saskatchewan Pension Plan He succeeds […]
An article on an arbitrator’s confirmation of the long-term disability exception to Ontario’s mandatory retirement rule 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. Ontario arbitrator confirms validity of LTD exception to mandatory retirement rule 2. Insurers […]
Canada’s life and health insurers paid out a record $143.3 billion in health and retirement benefits last year, up from $128 billion in 2023, according to the Canadian Life and Health Insurance Association’s annual fact book. “At a time when our country is facing economic uncertainty and our health-care system is under strain, life and […]
An article on Symcor Inc.’s approach to supporting employees going through menopause 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. Symcor hosting menopause awareness session, supporting employees with benefits, resources 2. Millennials, gen Z workers staying in […]
A third (29 per cent) of Canadian workers say that they don’t have enough emergency savings to cover basic needs, according to Telus Health’s latest mental-health index. The survey, which polled roughly 3,000 employees, found the average mental-health score was 64, up from 63.1 in March. Anxiety (57) continued to be the lowest mental-health sub-score, […]
Nearly half (45 per cent) of U.S. capital accumulation plan members say they’d invest in private equity and private debt investments if their plan provided access to these assets, up from 36 per cent in 2024, according to a new survey by Schroders. The survey, which polled more than 1,500 plan members, found among employees […]
A majority of U.S. employers are using non-qualified deferred compensation plans for executive retention (68 per cent) and to support broader financial planning goals such as remaining competitive with peers (53 per cent) and helping participants save for retirement (52 per cent), according to a new survey by NFP Corp. The survey, which polled more […]