An article on how remote working positively impacts employees 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. My take: Remote working may prove to be the great workplace equalizer 2. Canadian employers increasingly prioritizing inclusive benefits: survey […]
Innovative Medicines Canada is appointing Patrick Hupé as vice-president of government and stakeholder relations. He brings more than 25 years of experience in medical technology and life sciences, including senior roles at Medtronic, Pfizer Inc. and Hoffmann-La Roche Ltd. According to a press release, Hupé has led high-performing, multi-disciplinary teams and executed large-scale initiatives to […]
Large Canadian pension funds can create and capture value in financial markets by achieving scale in strategic markets, vertically integrating parts of the value chain and reducing fee drag, coordinating key stakeholder groups and creating internal synergies within their organization, according to a new report published in the Journal of Alternative Investments. It found venture […]
More than eight in 10 (84 per cent) U.S.-based employer-sponsored retirement plans have at least one likely Employee Retirement Income Security Act red flag from a regulatory and/or fiduciary perspective, according to a new report by consultancy Abernathy Daley 401k Consultants. The report, which analyzed filings for more than 760,000 plans, found 43 per cent […]
The Nova Scotia Pension Services Corp. is appointing Brendon LeLievre as senior manager of business development, effective Feb. 5, 2025. In the new role, he’ll be tasked with engaging potential private sector employers to join the province’s $8.2 billion Public Service Superannuation Plan. Nova Scotia Pension Services Corp. assets increase to $13.7BN in fiscal 2024 […]
The British Columbia Investment Management Corp. is making a cash offer to take Luxembourg-based investment firm BBGI Global Infrastructure S.A. private. The deal values the entire issued and to-be-issued share capital of BBGI at roughly £1.06 billion on a fully diluted basis. The offer adds a 21 per cent premium for the London Stock Exchange […]
The Alberta Pension Services Corp. is appointing Javier Lozano as vice-president of information services and technology, effective Feb. 3, 2025. Lozano has more than two decades of leadership experience in technology and previously served as vice-president of technology and innovation at East Coast Credit Union and vice-president of technology at Northern Savings Credit Union. Read: […]
The funded position of a typical Canadian defined benefit pension plan decreased both on a solvency and accounting basis in December 2024, according to Telus Health’s latest pension index. It found the funded position declined slightly on a solvency basis to 111.3 per cent in December, down from 111.4 per cent at the end of […]
An article on incoming changes to Alberta-based employers’ workplace violence and harassment policies 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 Alberta-based employers need to know about incoming workplace violence, harassment policy changes 2. Gen Z, […]
Germany is extending maternity protection for women to include those who have suffered a miscarriage after they’ve entered the 13th week of pregnancy, according to a report by Deutsche Welle. Germany’s lower house of parliament passed the law last week, with a majority of lawmakers voting in favour of the bill. If passed in the […]