Navigating the World of High-Cost Drugs With a Focus on Biologics Byline is: The Benefits Alliance Group Advisor’s Forum

Published By: Benefits Alliance | February 10, 2020

Almost 20 years have passed since private drug plans in Canada first experienced claims for high cost biologic drugs. They quickly came to represent a sea-change in both medical practice (due to their effectiveness) and drug plan management (due to their costs). The Benefits Alliance Group invited some of its members to participate in an educational session and roundtable discussion on key issues in drug plan management for high-cost drugs, with a focus on biologics and biosimilars.


The Benefits and Pensions Monitor Interview

Published By: Iain Campbell of Baillie Gifford. | January 17, 2020

Investors today need to be cognizant of the growing movement to short-termism, says Iain Campbell, investment manager at Baillie Gifford. In ‘Avoiding Noise Reduces Short-Term Thinking (create a link here),’ he says the market is in part to blame because of its hyperactivity where money managers are expected to outperform constantly.


Ask Forstrong: Special Report Postcard From China

Published By: Tyler Mordy | October 29, 2019

I first travelled to China in 1993 (full disclosure: I was a trumpet nerd on tour with my school’s concert band). Back then, it was a blur of bulldozers, a dizzying amount of people and some ill-timed food poisoning … serious culture shock for a small-town kid from British Columbia.


A Tale of Two Pension Plans

Published By: Randy Bauslaugh | October 3, 2019

My Experience with a Contingent Pension Plan and the Lessons Learned.

By: Randy Bauslaugh

For many years, I have had the privilege of being legal counsel to the board of trustees of a multiemployer pension plan (MEPP) established in 1972. The employers are Canadian members of an association of schools in the US and Canada. The Canadian plan is modelled on the defined-benefit (DB) MEPP established in 1948 by the school association for US schools and their employees. Both plans are administered by joint boards of trustees, one in Canada, and one in the US. The boards include representatives of participating employers and employees.


Should You Take Your Pension Commuted Value?

Authored By: Peter Gorham & Nichola Peterson | Date: August 23, 2019

In our experience, most people who are given a choice of taking their pension or transferring the commuted value to personal locked-in RRSP will take the transfer. It’s a large amount of money ‒ maybe larger than anything else you have received before ‒ and it just seems that much money has to be better than a monthly pension income. But is it?

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Teams And Trust Are Key To Employee Engagement

Authored By: Heather Haslam | Date: August 14, 2019

It’s no secret that employee engagement is critical to an organization’s success. When employees are engaged, turnover is lower, productivity is higher, and, most importantly, people are happier.
ADP wanted to take a deeper dive into this issue to measure levels of engagement and identify what conditions attract and retain workers through a global study.

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Climate Change Is Upon Us

Authored By: Paula Glick | Date: July 18, 2019

Last month, on June 14th, the Canadian Expert Panel on Sustainable Finance released its final report, ‘Mobilizing Finance for Sustainable Growth.’ The panel was appointed by Canada’s minister of the environment and climate change, Catherine McKenna, and minister of finance, Bill Morneau. The report observes that the sobering reality of climate change is upon us and argues that the finance community must play a critical role in supporting the transition to a low carbon economy.

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An Injury or Illness Can Knock an Athlete Down: Disability Insurance Helps Them Get Back Up.

Authored By: Christian Hanson | Date: June 3, 2019

As a former professional hockey player, I’ve had many conversations over the years with teammates about what the future may hold. The conversations always included some variation of the following bottom line: ‘What am I going to do when I am done playing? I’ll figure it out when the time comes.’

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When to Start Your Canada/Quebec Pension Plan & Old Age Security Benefits

Authored By: Peter Gorham and Nichola Peterson | Date: May 24, 2019

(An abridged version of this article appears in the May issue of Benefits and Pensions Monitor.)
You may start to receive your Canada Pension Plan1 (CPP) retirement benefits any time between ages 60 and 70. You may start to receive your Old Age Security (OAS) benefits any time between ages 65 and 70. But when is the optimal age to start?

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Improving Transparency Of Climate-related Risks In The Upstream Oil And Gas Sector

Authored By: Kate Woolerton & Rob Schuwerk | Date: May 10, 2019

A recent report estimated potential climate-related financial losses to the energy sector alone of between $1 trillion to $4 trillion. Climate-related risks are clearly material to the upstream oil and gas sector, and warrant disclosure.

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