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 […]
Just 16 per cent of U.S. employees rate their mental health as excellent, down from 30 per cent in 2024, according to a new survey by WebMD Health Services. The survey, which polled more than 4,000 full-time employees, assessed five key areas of the employee experience: mental health and well-being, burnout, engagement, organizational care and […]
George & Bell Consulting and Bilsland Griffith Benefit Administrators are merging under the name Convyta Partners. The merger will allow the two firms, which provide complementary services to employers and plan sponsors, to be wholly aligned with the goals of its clients and their plan members, according to a press release. Read: Acera Insurance partnering […]
The Colleges of Applied Arts and Technology pension plan is appointing Rasho Donchev as vice-president of pension solutions. In his new role, Donchev will drive the continued growth and expansion of the CAAT’s retirement solutions, working with employers and unionized workplaces to increase access to secure pensions, according to a press release. He succeeds Graham […]
Approximately US$330 billion green, social, sustainability, and sustainability-linked bonds in emerging markets will soon come to maturity, according to a new report by Amundi Asset Management. The expected bonds break down between $100 billion of GSSS bonds coming due in 2025 and $120 billion in 2026, compared to fewer than $50 billion in 2024. Read: […]