More than two-fifths (44 per cent) of U.S. Black retirees said they left the workforce earlier than planned due to a health issue or disability, compared to 32 per cent of non-Black retirees, according to a new report from the Employee Benefit Research Institute. The survey — which polled more than 2,700 American workers and […]
Roughly three-quarters (73 per cent) of Canadian employers say the rising cost of benefits is the No. 1 issue influencing their benefits strategy this year, up significantly from 40 per cent in 2023, according to a new survey by WTW. The survey, which polled more than 145 employers across the public and private sectors, found […]
The Caisse de dépôt et placement du Québec is entering a private agreement to give AtkinsRéalis Group Inc. the option to repurchase the seven million common shares held by the investment organization. The shares held by the Caisse will be repurchased at a price of $90.87 per share, for a total consideration of roughly $636 […]
An article on Quebec’s incoming framework for variable payment life annuities 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. Quebec introducing VPLA regulatory framework 2. BMO corporate employees returning to office four days per week this fall […]
The funded status of a typical Canadian pension plan increased on both a solvency and accounting basis during the month of May, according to a new report by Telus Health. The solvency index jumped to 101.1 per cent compared to 98.2 per cent at the end of April, while the accounting index increased from 99.5 […]
The union representing 2,100 workers at DHL Express Canada sites across the country has ratified a new four-year agreement that includes pension and benefits gains. The agreement, which officially ends a nearly three-week lockout and strike by employees, includes an increased employer match in the defined contribution pension plan (from four per cent to 4.5 […]
More than half (55 per cent) of Canadian employers say it’s up to workers to adapt to company culture, while 45 per cent believe workplace culture should evolve to meet the needs of employees, according to a new survey by the Harris Poll on behalf of Express Services Inc. The survey, which polled more than […]
The number of Canadians who are active members of a registered pension plan is increasing, according to a new report by Statistics Canada. It found between 2022 and 2023, overall pension plan membership grew by 4.2 per cent to more than 7.2 million members. During the same period, the number of women enrolled in registered […]
An article on Canadian institutional investors’ potential overexposure to alternative assets 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 funds could be overexposed in alternative assets: expert 2. Employees on LTD more likely to claim […]
The British Columbia Investment Management Corp. is reporting a 10 per cent annual combined pension plan return and an increase in assets under management to $251.6 billion as at March 31, 2025. The one-year return underperformed its benchmark of 12.3 per cent. Over a five, 10- and 15-year period, the investment organization achieved a return […]