A regional Third Party Administrator, Benefits by Design authored a fairly decent Blog post recently. In the post they made some notable predictions for events that should impact the Canadian Benefits landscape for 2022. What do you think? Do you think there are some trends missing? The 10 predictions have been summarized below: Continued Impacts [...]
Disability incidence rates have increased continually over the past 5 years. This incidence trend, which is the rate at which new claims are changing compared to the past, is industry wide and affects everyone. Based on published reports from industry leaders, Manulife and Sun Life, current Long-Term Disability (LTD) pricing, is not reflective of this [...]
The national average retirement age is pegged at 62, but recent trends in labour force estimates reflect a growing shift to delayed retirement. This tide is not enough to dramatically lift the average, but clearly this trend is visible in certain white and grey sectors of the workforce. At the same time, employment rates for [...]
