The solvency ratio of an average pension fund declined by about 2.3 per cent in the first quarter of 2025, according to a new report from Telus Health. Diversified pooled fund managers posted a return slightly below the benchmark portfolio with the median return (0.8 per cent) being 0.1 per cent lower than the return […]
The University Pension Plan recorded a 10.3 per cent annual net return in 2024, increasing its net assets to $12.8 billion. According to its latest annual results report, the investment organization took in $1.2 billion in net investment income during the year. The positive investment return was driven mainly by U.S. equities and absolute return […]
Two-fifths (40 per cent) of employees say they’ve called in sick when they weren’t actually ill to extend a weekend or attend a social event during the summer, according to a new survey by Dayforce Inc. The survey — which polled more than 2,000 full-time workers in North America and the U.K., including 479 Canadian […]
The Saskatchewan government has passed several amendments to the provincial Employment Act that will impact employers’ leave policies. The amendments include the creation of a new 16-week unpaid interpersonal violence leave in addition to the existing 10-day leave, of which five are paid and five are unpaid. Employers will also no longer be able to […]
The Caisse de dépôt et placement du Québec is completing an acquisition deal for Antylia Scientific worth nearly US$1.3 billion. The deal is being completed alongside Brookfield Asset Management through its private equity funds affiliate. In a press release, Martin Longchamps, executive vice-president and head of private equity and private credit at the Caisse, said […]
The Saskatchewan Pension Plan is reassuring plan members its asset mix is designed to withstand shifts stemming from global disruptions and economic uncertainty. In a new note to members, the $829-million pension fund said recent developments are creating significant economic uncertainty, with potential for higher inflation, slower growth and greater market volatility. Read: Institutional investors […]
Nine in 10 (93 per cent) of global employers say they’ll maintain or expand their well-being offerings in 2025, according to a new survey by Business Group on Health. The survey, which polled 131 employers representing 11.2 million global workers, found 94 per cent said they plan to raise expectations for well-being vendors to deliver […]
Yellow Pages Ltd. is transferring $210 million in defined benefit pension liabilities through a group annuity contract with BMO Insurance. According to a press release, BMO Insurance will issue annuities covering the responsibility for pension benefits of roughly 860 retired plan members at the company. The insurance firm will start administering all benefits to these […]
Roughly eight in 10 (78 per cent) employees who can personalize their benefits package to meet their needs say their employer cares about their health and well-being, compared to just 29 per cent of employees who can’t personalize their benefits, according to a new survey by Mercer. The survey, which polled more than 18,000 global […]
Three-quarters (75 per cent) of Canadian employers and two-thirds (66 per cent) of U.S. employers say they plan to link compensation directly to performance outcomes, according to a new report by Hub International Ltd. The survey, which polled more than 900 business leaders across Canada and the U.S., found many employers are shifting total rewards […]