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Portfolio/Employee Benefit News

Investment Insider – Product allocation trumps asset allocation near retirement

Posted by on Dec 1, 2009 in Investments, Portfolio/Employee Benefit News | 0 comments

Read this article at ebn.benefitnews.com For members of a defined contribution plan in the “retirement risk zone” five or 10 years before or after retirement, product allocation will have a more significant impact on retirement income than asset allocation, says York University Professor Moshe Milevsky in his latest book, “Are You A Stock Or A Bond?” Like what you see? Click here to sign up for Employee Benefit News daily newsletter to get the latest news and important...

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Back to the future: Balanced funds “with attitude” can mitigate DC Investment risk

Posted by on May 5, 2009 in Investments, Portfolio/Employee Benefit News | 0 comments

Read this article at ebn.benefitnews.com Although lifecycle funds have been the darlings of the benefits media over the past several years, some experts say the biggest innovations in capital accumulation plan investing are balanced funds “with attitude” that better respond to members’ specific needs and desired outcomes. Matthew Rotenberg, senior consultant, communications, group savings and retirement marketing, with Standard Life, told participants at the recently held...

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Class action settlement reduces retiree benefits

Posted by on May 5, 2009 in Health, Portfolio/Employee Benefit News | 0 comments

By: Sheryl Smolkin Read this article at ebn.benefitnews.com  Employers struggling with the cost of retiree health benefits will be interested in a recent class-action settlement approved by the Ontario Court of Justice in Smith, Heinman and Nother v. Labatt Brewing Company that reduces benefits, thereby providing substantial cost relief to the employer, while still preserving important benefits for the retirees. Like what you see? Click here to sign up for Employee Benefit News daily...

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Passing the drug test

Posted by on Mar 18, 2009 in Health, Portfolio/Employee Benefit News | 0 comments

By: Sheryl Smolkin Read this article at ebn.benefitnews.com  Drug plan sponsors in this country are getting a raw deal, and some of them are finally mad enough to do something about it. Data from the Canadian Institute for Health Information reveals that private insurers, including group and individual insurance, paid out $7.8 billion in 2007 and their share of prescribed drug expenditures was 34.7%. Like what you see? Click here to sign up for Employee Benefit News daily newsletter to get...

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Getting a better deal on generics

Posted by on Mar 18, 2009 in Health, Portfolio/Employee Benefit News | 0 comments

By: Sheryl Smolkin Read this article at ebn.benefitnews.com  The Competition Bureau recommends that private plan sponsors embrace strategies such as preferred provider networks, mail-order pharmacies and patient incentives to get a better deal on generic drugs. However, sponsors and other industry experts say the first step is more transparency regarding the drug supply chain — including kickbacks and rebates to pharmacies and governments. The Bureau’s 2008 study “Benefitting from...

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OECP M&A provisions create new obstacles

Posted by on Feb 1, 2009 in Portfolio/Employee Benefit News, Retirement | 0 comments

By: Sheryl Smolkin Read this article and comments at HRInsider.ca   Management-side lawyers say recommendations in the Ontario Expert Commission on Pensions’ report intended to facilitate pension asset transfers in corporate restructuring are badly needed, but in their current form are unclear and unworkable. Like what you see? Click here to sign up for Employee Benefit News daily newsletter to get the latest news and important insight into trends in benefits management. Hugh...

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