Staff | April 17, 2020 The Canada Life Assurance Co. is cutting its health insurance premiums for its employer-sponsored benefits plans to support small- and medium-sized businesses facing hardship as a result of the coronavirus pandemic. “We...
Staff | April 17, 2020 The federal government is halting solvency special payments for federally regulated defined benefit pension plans until the end of 2020. The moratorium on payments under the Pension Benefits Standards Act is aimed at ensuring that...
Staff | April 17, 2020 The Caisse de dépôt et placement du Québec is making a number of personnel changes as part of its response to the economic challenges. “At the beginning of the year, it...
Staff | April 17, 2020 The Investment Management Corp. of Ontario is taking on the Provincial Judges’ Pension Plan as its latest client. The pension plan is joining with $420 million in assets under management. With...
Whether they realize it or not, many plan sponsors have been following this philosophy in their communications strategies, as they consider the ways in which they share information with their plan members rather than...
Benefits Canada | April 17, 2020 Globally, many pension funds are divesting from carbon and fossil fuels, while others are staying the course and focusing on financial value and their fiduciary duties Simon Archer, partner at...
The aerospace firm and regional airline, with headquarters in St. John’s, Nfld., provides no-limit tuition subsidies for staff who want to grow within their current roles or set themselves up for other positions in...
The slow and steady rise in spending among Canada’s private drug plans continued in 2019 as increased use of both traditional and specialty medications outweighed positive steps by Canada’s public health system. In its...
The COVID-19 global pandemic is affecting business in different ways and the insurance industry is no different. Mutual insurance companies have different challenges that come with being a policyholder-owned structure. Mutual of Omaha CEO...
An extended COVID-19 pandemic crisis leading to a global economic recession is going to hurt insurers’ financial health. How bad insurers will be hurt is something to monitor. A new assessment of insurers’ financial...