While 53 per cent of employees said their employer has provided good support during the coronavirus pandemic, 40 per cent reported difficulty in accessing mental-health care through their workplace benefits plan, according to a new survey by Mercer. The survey, conducted among 14,000 employees across 13 countries, found access to quality mental-health care was more […]
More than two-thirds (69 per cent) of U.S. employers plan to differentiate and customize their benefits programs over the next two years, according to a new survey by Willis Towers Watson. As drivers to revamp their benefits strategy, personalize the employee experience and manage the costs of their offerings, survey respondents cited an increased focus […]
Bâtirente is naming Éric Filion (pictured) as chief executive officer, effective Oct. 6. He’ll take over the position from Daniel Simard, who is retiring after 25 years as CEO. Simard will remain with Bâtirente as a special management advisor until June 30, 2022. Read: Bâtirente unveils new plan to optimize investments across all funds Since 2016, […]
The result of the federal election could have a direct impact on working parents. The Liberal Party made a national $10 a day childcare system a key part of its budget in the spring. However, the Conservative Party, if elected, is promising to immediately scrap these plans. In its election platform, the Conservatives set out a plan […]
The Conservative Party is promising, if elected, to extend employment insurance parental benefits to parents experiencing the trauma of a miscarriage, stillbirth or loss of a child. “Every year, thousands of Canadian parents struggle with the loss of a child, but our current benefits system does not provide the proper support for grieving parents,” said […]
Almost two-thirds (63 per cent) of Canadians cited retirement as a financial goal compared to last quarter (58 per cent), according to a quarterly survey by Ipsos for the Bank of Montreal. The survey, which polled more than 3,000 adults aged 18 and older, found 67 per cent of respondents said they’re continuing to set […]
Amid the ongoing federal election campaign, the Liberal Party is promising to table legislation that would allow employers to request proof of a coronavirus vaccination without fear of a legal challenge. While few details were provided, the legislation would pertain to vaccination requirements for employees and customers, according to a press release. Read: Where do […]
Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings accounts, according to a new report by the U.S. National Institute On Retirement Security. It found in 2019, white households across three generations — baby boomers, generation X and millennials […]
Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors and uncertainty about fiduciary duties, according to a new working paper by the University of Pennsylvania. The paper concluded that efforts to implement ESG criteria in investment decision-making are frequently hamstrung […]
If elected, the Conservative Party is promising it will encourage employers to add mental-health coverage to their benefits plans by offering a tax credit for 25 per cent of the cost of this additional coverage for the first three years. Meanwhile, the Liberal Party is promising Canadians increased access to free mental-health services through a new […]