More than half (61 per cent) of U.S. employees nearing retirement age believe low interest rates combined with rising inflation will make it difficult to create a retirement income stream that will last their lifetimes, according to a new survey by Global Atlantic Financial Group. It also found a quarter (24 per cent) of survey […]
After multiple delays, the amendments to the Patented Medicines Review Board regulations will finally come into force on July 1, 2022. Last week, Health Minister Jean-Yves Duclos announced the federal government will proceed with the amendments to provide the PMPRB with new tools to protect Canadians from excessive prices for patented medicines. “This will improve access for […]
The Canada Pension Plan Investment Board is promoting Priti Singh to senior managing director and global head of capital markets and factor investing, effective May 2, 2022. In the new role, Singh will be responsible for leading the external portfolio management, active macro and quantitative strategies and risk premia groups. She takes over from Poul Winslow, […]
Seven in 10 Canadian employees have experienced some form of violence and harassment at work, according to a survey by the Canadian Labour Congress in partnership with researchers at Western University and the University of Toronto. The survey, which was conducted to address the lack of Canada-specific data around issues of violence and harassment in […]
The value of low-carbon investments held by the Caisse de dépôt et placement du Québec has more than doubled since 2017, according to its annual sustainable investing report. In the report, the investment organization noted its low-carbon investments were worth $39 billion at the end of 2021, up from $18 billion in 2017 and $36 […]
A story that took an in-depth look at the federal government’s 2022 budget proposals and their potential impacts on employers and employees was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: What’s in the federal budget for employers, employees? Physical health, work-life balance and […]
Dialogue Health Technologies Inc. is acquiring U.K.-based Tictrac Ltd., a provider of a global health and wellness platform, for up to $56 million. Tictrac supports employers and insurance partners, engaging their employees and customers to improve overall wellness and driving positive outcomes through meaningful insights, according to a press release. The transaction is expected to […]
Canadian pension plans are the most transparent in the world, according to a new report by Top1000funds.com and CEM Benchmarking Inc. The report, which uses data from public disclosures of pension plans in 15 countries, also ranked the five largest pension plans in each country in terms of the transparency of performance, costs and responsible […]
Since the ‘Great Resignation’ began last year, new hires in the U.S. believe their onboarding process isn’t adequately covering many of the basics employees need to be successful, including their workplace benefits, according to a new survey by Eagle Hill Consulting. The survey, which polled nearly 800 U.S. employees, found the main areas of concern […]
U.S. employees are quitting their jobs at elevated rates in 2022, with 30 per cent currently considering the move and 25 per cent actually quitting in the last six months, according to a new survey by FlexJobs. The survey, which polled more than 2,200 U.S. employees, found 68 per cent of those who recently quit […]