MORNEAU SHEPELL - HEALTH & BENEFITS

Morneau Shepell launches iCBT program for Canadians; supports anxiety related to COVID-19 pandemic

Retrieved on: 
Wednesday, March 18, 2020

TORONTO, March 18, 2020 /CNW/ - Morneau Shepell announced today the launch of a new internet-based Cognitive Behavioural Therapy (iCBT) program.

Key Points: 
  • TORONTO, March 18, 2020 /CNW/ - Morneau Shepell announced today the launch of a new internet-based Cognitive Behavioural Therapy (iCBT) program.
  • The program is well-suited to address anxiety related to a pandemic.
  • Morneau Shepell is the leading provider of technology-enabled HR services that deliver an integrated approach to employee well-being through our cloud-based platform.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

Hub International acquires the benefits consulting practice of Morneau Shepell Inc.

Retrieved on: 
Monday, March 2, 2020

Morneau Shepell doubles down on areas of growth and market leadership; Hub to round out Canadian employee benefits solution with extensive actuarial services

Key Points: 
  • Morneau Shepell doubles down on areas of growth and market leadership; Hub to round out Canadian employee benefits solution with extensive actuarial services
    TORONTO, March 2, 2020 /CNW/ - HUB International Limited (Hub),aleadingglobalinsurance brokerage,and Morneau Shepell Inc. (TSX: MSI) (Morneau Shepell), a North American leader in integrated HR solutions, announcedtoday the sale of Morneau Shepell'sbenefits consulting practice to Hub.
  • Stephen Liptrap, President and Chief Executive Officer, Morneau Shepell, commented, "After a comprehensive review, we made the decision to divest our benefits consulting practice.
  • "The closing of this strategic transaction marks the beginning of a partnership between Morneau Shepell and Hub Hub choosing Morneau Shepell as a key partner in delivering Internet-based Cognitive Behavioural Therapy (iCBT) services and employee well-being services and Morneau Shepell selecting Hub as a preferred provider for benefits consulting services."
  • JP Girard, Morneau Shepell's Health & Benefits Consulting Canadian Practice Leader has joined Hub as Executive Vice President, Benefits Consulting National Accounts and is named to Hub's Canadian Employee Benefits leadership team .

Sixty-two organizations recognized as Employee Recommended Workplaces for 2020

Retrieved on: 
Thursday, February 20, 2020

TORONTO, Feb. 20, 2020 /CNW/ - Today, Morneau Shepell and The Globe and Mail announced 62 Employee Recommended Workplaces for 2020.

Key Points: 
  • TORONTO, Feb. 20, 2020 /CNW/ - Today, Morneau Shepell and The Globe and Mail announced 62 Employee Recommended Workplaces for 2020.
  • Now in its fourth year, the Employee Recommended Workplace Award recognizes workplaces with proven success creating a healthy environment and one that supports employee well-being.
  • All recipients have earned the right to use the Employee Recommended Workplace badge in their communications materials to identify them as employers of choice.
  • The list of the 62 Employee Recommended Workplaces for 2020 is provided below.

Morneau Shepell finds employees would accept lower pay for enhanced well-being support

Retrieved on: 
Tuesday, January 28, 2020

Across all geographies, employees ranked mental health as the top factor in their overall well-being, rising above physical health and personal health.

Key Points: 
  • Across all geographies, employees ranked mental health as the top factor in their overall well-being, rising above physical health and personal health.
  • Despite mental health being cited as the main priority, employees in Canada and the United States ranked their employers support of physical health issues above both mental and financial well-being.
  • The need for mental health support is largely driven by the continued stress that Canadians experience in their personal lives and in the office environment.
  • Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries.

Federal government delays proposed changes to employee stock option tax rules

Retrieved on: 
Thursday, January 23, 2020

The introduction of variable benefit accounts can make a pension plan more attractive to members, offer lower investment management fees and retain assets in the pension plan.

Key Points: 
  • The introduction of variable benefit accounts can make a pension plan more attractive to members, offer lower investment management fees and retain assets in the pension plan.
  • Federal government delays changes to employee stock option tax rules The federal government has announced that changes to the tax treatment of employee stock options that had been proposed in June 2019 have been delayed and would not come into effect on January 1, 2020, as previously scheduled.
  • A revised timeline for the implementation of the proposed changes is expected to be announced in the 2020 federal budget.
  • A graph shows the changes in the financial position of a typical defined benefit plan since the end of 2018.

Financial Services Regulatory Authority of Ontario issues pension priorities for 2020

Retrieved on: 
Wednesday, November 27, 2019

The documents detail FSRA's priorities to strengthen its oversight activities in the pension sector and identifies the principles that will help guide those activities.

Key Points: 
  • The documents detail FSRA's priorities to strengthen its oversight activities in the pension sector and identifies the principles that will help guide those activities.
  • New pension regulator established in British Columbia As of November 1, 2019, the Financial Institutions Commission (FICOM) was officially replaced by the BC Financial Services Authority (BCFSA) as British Columbia's pension regulator.
  • Changes to benefit plans in Ontario, Quebec and Alberta Several changes to provincial health care benefits have been announced recently.
  • Effective January 1, 2020, the Ontario Health Insurance Plan will no longer cover emergency medical costs for individuals from Ontario travelling outside of Canada.

Morneau Shepell's AbilitiCBT™ available to all Canadians through launch of mobile application

Retrieved on: 
Thursday, November 14, 2019

TORONTO, Nov. 14, 2019 /CNW/ - Morneau Shepell announced today the launch of a mobile app for its internet-based cognitive behavioural therapy (iCBT) program, AbilitiCBT.

Key Points: 
  • TORONTO, Nov. 14, 2019 /CNW/ - Morneau Shepell announced today the launch of a mobile app for its internet-based cognitive behavioural therapy (iCBT) program, AbilitiCBT.
  • AbilitiCBT provides an easy-to-access, affordable alternative to in-person therapy for a wide range of mental health concerns.
  • "Recognizing this need, we developed AbilitiCBT to provide Canadians with more accessible, on-demand access to iCBT.
  • Through the launch of thisapp, we're excited to open access to the platform to anyone who needs it at any time."

Vision Coaching and Morneau Shepell partner to provide leadership coaching

Retrieved on: 
Thursday, September 5, 2019

Amid increased demand for leadership coaching services, new program available to Morneau Shepell clients around the globe

Key Points: 
  • Amid increased demand for leadership coaching services, new program available to Morneau Shepell clients around the globe
    TORONTO, Sept. 5, 2019 /CNW/ -Vision Coaching Inc., a Canadian leadership coaching firm, has signed an agreement with Morneau Shepell that allows the technology-enabled HR services provider to expand on the services it offers.
  • The two companies today announced the agreement, which allows Morneau Shepell to provide an expanded leadership coaching program powered by Vision Coaching's V1 Coaching System to clients around the globe.
  • The announcement comes amid a growing awareness and demand for leadership coaching services in Canada and marks an evolution in the services that Morneau Shepell can provide its clients globally.
  • The agreement allows Morneau Shepell to offer Vision services to its clients under the Morneau Shepell brand, using the V1 Coaching System a structured and robust approach to effective leadership development.

Morneau Shepell completes previously announced acquisition of Mercer assets to further U.S. expansion

Retrieved on: 
Wednesday, August 7, 2019

"This acquisition is in line with our strategic plan of which U.S. expansion is a critical component."

Key Points: 
  • "This acquisition is in line with our strategic plan of which U.S. expansion is a critical component."
  • The Company anticipates that this acquisition will represent approximately 12 per cent of Morneau Shepell's annualized revenue.
  • With this transaction, Morneau Shepell will add approximately two million participants, further solidifying Morneau Shepell as a leading provider of administration of health and DB pension plans across the continent.
  • Morneau Shepell is the leading provider of technology-enabled HR services that deliver an integrated approach to well-being through our cloud-based platform.

Financial Services Regulatory Authority of Ontario becomes new pension regulator in the province

Retrieved on: 
Wednesday, July 24, 2019

Financial Services Regulatory Authority of Ontario becomes Ontario's new pension regulator In June 2019, the Financial Services Regulatory Authority of Ontario (FSRA) assumed the regulatory duties of the Financial Services Commission of Ontario (FSCO) regarding pension plan regulation in Ontario.

Key Points: 
  • Financial Services Regulatory Authority of Ontario becomes Ontario's new pension regulator In June 2019, the Financial Services Regulatory Authority of Ontario (FSRA) assumed the regulatory duties of the Financial Services Commission of Ontario (FSCO) regarding pension plan regulation in Ontario.
  • A graph shows the changes in the financial position of a typical defined benefit plan since the end of 2018.
  • The impact of pension expense under international accounting as at June 30, 2019 Morneau Shepell has shown the evolution of the pension expense for a typical defined benefit pension plan.
  • Our approach spans services in employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement and benefits consulting, actuarial and investment services.