Employers in the U.S. expect health benefits costs to rise 4.7 per cent on average in 2022 compared to 2021, according to a new survey from Mercer. The survey, based on more than 1,500 employer responses, found fewer employers than usual (38 per cent) are using cost-savings measures — such as raising deductibles or co-pays […]
Benefits Canada is thrilled to announce the winners of the 2021 Workplace Benefits Awards. At a virtual roundtable and awards ceremony on Thursday, 23 finalists gathered to discuss their leading benefits and pension strategies, followed by winner announcements across 10 categories. All of the finalists represent benefits and pension plans covering nearly 300,000 Canadians. These employers are proactively and passionately aiming to […]
A look at a survey finding employees are prioritizing workplace benefits plans amid an increasingly competitive job market took the top spot as the most-read story over the past week on BenefitsCanada.com. Here are the five most popular news stories of the week: 1. Canadian employees prioritizing benefits programs over pay: survey 2. Survey finds cost of […]
Bâtirente is appointing Vickie Lavoie as chief operating officer. Lavoie joined the Montreal-based pension fund in 2015 as an advisor to its business development group. In 2019, she was promoted to the post of director of development strategies. Prior to joining Bâtirente, Lavoie served as a retirement consultant at Aon. She will replace retiring COO Daniel […]
The majority (87 per cent) of U.S. millennial employees are more interested in certain benefits this year, with life insurance (39 per cent) topping the list, followed by financial planning tools (34 per cent), dental insurance (31 per cent) and legal plans (29 per cent), according to a new survey by Rainmakers CSI for MetLife […]
Employer-provided medical benefits costs in Canada will rise seven per cent in 2022, according to a new survey by Aon. The annual global medical trend rates survey found the expected increase for Canadian employer-sponsored medical plan costs is due to a combination of higher costs for dental care, paramedical expenses and prescription drugs. It was conducted […]
The vast majority (84 per cent) of asset managers are either implementing or evaluating the sustainability of their portfolios, according to a survey by FTSE Russell. The results indicate a significant increase in the percentage of asset managers concerned about sustainability issues. In a similar survey from 2018, just 53 per cent of respondents had […]
The Caisse de dépôt et placement du Québec is entering the digital currency sector by joining a US$400 million investment round for a cryptocurrency earning and borrowing platform. Alberta-based WestCap Group Inc. is the other co-lead investor in the funding round for Celsius Network, a blockchain-based investment platform aimed at high-net-worth retail and institutional investors. Read: AIMCo […]
Employees are prioritizing workplace benefits plans amid an increasingly competitive job market, according to a new Ipsos survey for RBC Insurance Inc. The survey, conducted among more than 1,000 working Canadians aged 18 and older, found 68 per cent would take a job with a good benefits plan over another that pays more but doesn’t […]
Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent decades, according to a new paper from the U.S.-based Brookings Institution. CDC plans, also known as hybrid retirement plans, combine elements of DB and DC plans. They pool contributions from […]