The majority (88 per cent) of employees with a disability or who are neurodivergent have chosen to disclose their condition to at least one person at work, according to a new survey by Deloitte Global. The survey, which polled 10,000 employees with disabilities, chronic health conditions or neurodivergence across 20 countries, found 78 per cent […]
The National Institute on Ageing is addressing the issue of missing pension plan members, in a new report highlighting the challenges faced by plan administrators and individuals entitled to unclaimed pension benefits. The report provides a framework for decision-making and emphasizes the importance of collaborative efforts from all sectors — government agencies, plan sponsors, financial […]
An article on the impact of Canadian pension income on federal and provincial tax revenues 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. Canadian pension income adding $24.5BN to federal coffers in 2025: report 2. So long foosball, hello […]
The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment is calculated at 100 per cent of the percentage increase in the 12-month average consumer price index for the period ending in October over the average for the same period […]
A proposed high-speed rail project in Canada could open the doors to more infrastructure development using institutional investors’ capital, says Iftikhar Ahmed, global head of private equity infrastructure and energy transition at Aon. “I have no doubt that this will work and this will open the doors to more opportunities like that.” He says it’s […]
The assets under management of the world’s 100 largest asset owners totalled US$26.3 trillion as of the end of 2023, up 12.3 per cent from the previous year, according to a new report by WTW’s Thinking Ahead Institute. It found, as of Dec. 31, 2023, the top 20 assets owners made up 55.6 per cent […]
The union representing 1,750 employees at Extendicare’s long-term care facilities across Ontario has ratified multiple three-year collective agreements that include benefits gains. The agreements include increasing vision coverage from $350 to $400 every 24 months, as well as increasing parental leave to a maximum of 78 weeks from 52 weeks. In terms of sick leave, […]
Employers that provide opportunities for employees with disabilities are more productive and generate higher revenue, according to a new report by the Canadian Council on Rehabilitation and Work. It found employers that lead in disability inclusion have reported 1.6-times more revenue and 2.6-times more net income compared to their peers, based on research from Accenture […]
Global benefits costs are projected to increase by 10.4 per cent in 2025, according to a new survey by WTW. The survey, which polled nearly 350 insurers, found in North America, costs are projected to rise to 8.7 per cent in 2025, up from 8.1 per cent in 2024. In the U.S., insurers projected a […]
The Canada Pension Plan Investment Board is investing $1 billion in Korea-based data centres through its joint venture with the Pacific Asset Management Co. “The demand for data centres in [the Asia-Pacific region] has been on the rise, driven by the continued need for cloud computing and the increasing global adoption of artificial intelligence,” said […]