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Testing dominic 4: 2022 IIC coverage: How the pandemic kickstarted an automation revolution

dominico — Wed, 11 Jan 2023 15:59:01 +0000

The robots of the near-future won’t replace people, but will free them to focus on what they do best — empathizing, communicating and innovating, said Ken Goldberg, professor of engineering at the University of California, Berkeley, during the keynote session at the Canadian Investment Review’s 2022 Investment Innovation Conference. “When [automated teller machines] first came […]

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Editorial: Discussing decumulation, slow pace of change in Canada’s pension industry

Jennifer Paterson — Fri, 19 Nov 2021 13:00:57 +0000

If I’ve learned one thing about the Canadian pension industry over the past six years, it’s that change comes at a snail’s pace. When I joined Benefits Canada in 2015, my Canadian pension knowledge was a blank slate, so I spent several weeks speaking to pension experts. The key message that came across was this: […]

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Head to head: Should Canadian governments eliminate pension solvency funding rules?

Jennifer Paterson — Fri, 19 Nov 2021 13:59:37 +0000

With defined benefit pension solvency reforms gradually coming in across the country, two experts debate whether there’s a better way to ensure DB plan sustainability and security. Todd Saulnier, vice-president, the Association of Canadian Pension Management’s board of directors The answer is mostly yes. A floor of 85 per cent of solvency liability might be […]

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A look at the Co-operators Group’s new decumulation offering

mdunne — Fri, 19 Nov 2021 13:58:31 +0000

One, as Harry Nillson crooned in his classic breakup song, can feel like the loneliest number. At the end of working life, many retirees with defined contribution pension plans can be left feeling alone and confused — cut off from their plan sponsors and pension administrators and sent out with their savings accounts into the […]

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How small and mid-sized employers can offer benefits like large employers

lbailey — Fri, 19 Nov 2021 13:57:52 +0000

By beefing up its benefits programs and putting flexibility at the core of its offerings, Willful has been able to grow its staff amid a coronavirus pandemic-fueled tight labour market. The online estate planning company credits its fulsome total rewards package and its flexible workplace culture for its recruitment success. As a very small employer […]

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Top 2021 Money Managers Report: What questions should pension plan sponsors ask in 2022?

bwolfe — Fri, 19 Nov 2021 13:53:15 +0000

In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly two years later, as markets and economies continue to recover, Canadian pension plan sponsors are looking to their money managers to help light the way to a brighter financial future. […]

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How employers can use benefits offerings to support Indigenous employees

mdunne — Fri, 19 Nov 2021 13:52:49 +0000

Real progress means walking the walk, not just talking the talk. In recent months, many employers have shown support for the Indigenous community by lowering flags, participating in Orange Shirt Day and starting meetings with land acknowledgements. While symbolic gestures are a start, employers looking to attract and retain Indigenous employees need to do the […]

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CBC Pension Plan stays the course with liability-driven investment model

Jennifer Paterson — Fri, 19 Nov 2021 13:52:18 +0000

The best ship captains don’t put too much faith in weather forecasts — or those who do tend to see their vessels flounder. Perhaps that’s why the Canadian Broadcasting Corp. has a skipper, Duncan Burrill, at the helm of its pension plan. Even when he’s away from his much-loved sailboat on the banks of the […]

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Back to basics on captive arrangements

lbailey — Fri, 19 Nov 2021 13:50:19 +0000

Five years ago, Rolls Royce Canada Ltd. realized its insurer and one of its European divisions’ insurers had separate reinsurance through a larger multinational company, so it worked out a deal to pool both divisions’ insured benefits. As a multinational company with more than 50,000 global employees, the automaker was an ideal candidate for a […]

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Q&A with Purolator’s Anna Manocchio

bwolfe — Fri, 19 Nov 2021 13:49:03 +0000

Purolator Inc.’s senior director of total rewards and human resources technology talks mental-health leadership, return to the workplace and the benefits of time outdoors Q: What top challenges do you face in your role? A: We have a very large workforce with different demographics and needs, so it’s really about continuing to evaluate whether our […]

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