Quebec’s pending implementation of variable payment life annuities would benefit more from a principles-based approach rather than a prescriptive framework, said the Canadian Institute of Actuaries. In an open letter to the provincial government, the CIA said such an approach would allow for a more flexible and effective rollout and would encourage innovation while continuing […]
The infrastructure arm of the Caisse de dépôt et placement du Québec is appointing Daniel Farina as president and chief executive officer, effective Jan. 1, 2026. Farina, who has more than 25 years of experience managing and structuring major infrastructure projects worldwide, joined the Caisse in 2019 and became general manager in 2023. He was […]
Six in 10 (60 per cent) of global defined contribution plan sponsors say the state of members’ retirement income is the biggest challenge facing DC plans over the next decade, according to a new report by WTW. The report examined nearly 30 global DC plans representing more than US$6.3 trillion in assets under management. It […]
An article on how employers can support employees dealing with seasonal depression during the summer 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. What employers can do about reverse seasonal depression at work 2. TD requiring office-based […]
Just 65 per cent of U.S. employees believe they’re on track to retire at their desired age, according to a new survey by Voya Financial Inc. The survey, which polled more than 1,000 workers, found three-quarters (75 per cent) of generation Z and two-thirds (66 per cent) of millennials said they need help understanding how […]
Half (51 per cent) of U.S. employers with 500 or more employees say they’re likely or very likely to make plan design changes in 2026 that would shift more costs to employees, such as raising deductibles or out-of-pocket maximums, according to a new survey by Mercer. The survey, which polled more than 500 large-sized companies, […]
More than half (59 per cent) of U.S. workers say they feel some form of anxiety when it comes to taking time off, according to a new survey by LiveCareer. The survey, which polled more than 1,000 U.S. workers, found a third (33 per cent) said they feel pressure not to use all their paid […]
An article on the legal considerations for employers when terminating remote workers 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. What employers need to know when terminating employees in remote-working arrangements 2. Employers can support caregivers with […]
The Pension Investment Association of Canada is urging the Canadian Securities Administrators to resume work on a climate-related disclosure mandate that could impact decision-making at Canadian institutional investors. In an open letter to the CSA, the PIAC said the adoption of standardized disclosures and reporting supports Canadian pension plan sponsors by optimizing investment and human […]
Nearly one in four divorced, separated or widowed U.S. women have less than one month’s worth of retirement savings, compared to fewer than one in 10 men, according to a new survey by PensionBee. The survey, which polled more than 1,000 employees, found following a marital transition, women (43 per cent) are twice as likely […]