It’s not unusual for David Lloyd to hear from plan members years after they’ve stopped working. In fact, that’s a big part of his job as Senior Investment and Retirement Consultant, Freedom Experience at Canada Life. “Most often, they’ve opened their latest financial...
For the longest time, the 16- or 17-week elimination or waiting period of a plan sponsor’s long-term disability (LTD) plan was synched with the federal government’s Employment Insurance (EI) plan, which had provided income replacement for 15 weeks. But as of Dec. 18,...
Exactly how miserable are your employees? There’s a good chance they are more unhappy than you think. Job dissatisfaction is at unprecedented levels. Two-thirds of Canadian workers are “quiet quitting” (putting in the minimum effort required because they are...
One word characterizes many of Benefits Alliance’s initiatives in 2023 and going into 2024: elevate. The association has been working hard to increase its profile and raise the bar for advisors and consultants for group health benefits and retirement savings. And its...
The market correction in 2022 was a painful reminder that downturns can be both sudden and deep. However, historically, market sell-offs have been followed by rebounds of similar—if not greater—magnitude, and markets can often rally even as uncertainty continues. An...
With less than four months to go for the federal government to table legislation to enact a national pharmacare program in Canada, the silence is deafening. And Benefits Alliance’s advocacy committee says it’s high time that employers with private drug plans raise...
