Why Plan Sponsors Should Consider Adding Life Insurance In 2019

When you work with start-ups as often as I have for so many years, you really see this, “I’m invincible” mindset that nothing is going to happen to them. And while I would be lying if I said I hadn’t embodied that mentality when I was younger, the value of having life insurance added to your plan in your 20’s…

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IPFS President, Chris Gory, Finalist For Life & Health Advisor Of The Year

The Insurance Business Awards for 2018 are once again upon us, with an even bigger lineup representing the insurance professions’ best and brightest. This black-tie ceremony brings together 500 top professionals in the insurance community, recognizing high-performance insurance teams, senior-level insurance professionals, young guns and the rising stars. Chris Gory, the President of Insurance Portfolio Financial Services, is one of…

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Why G19 Is A Great Opportunity To Level The Playing Field

Despite a somewhat rocky narrative surrounding the Canadian Life and Health Insurance Association’s (CLHIA) plan to establish industry standards for compensation disclosure – it still provides a very unique opportunity to level-set on many antiquated areas. Guideline G19, Compensation Disclosure in Group Benefits and Group Retirement Services made waves in the benefits community this past year as it aims to put…

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Toronto’s Tech Boom: Brain Drain or Gain?

Toronto’s tech scene is scorching hot right now! According to recent reports, Toronto created more jobs than the San Francisco Bay area, Seattle and Washington, D.C., combined last year. It has been hailed as the “up and coming startup centre in North America,” and continues to solidify itself as a major international player in the tech space. While all the…

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Why Presenteeism Is The Silent Threat To Workplace Productivity

In order for your company to be a success, you need your people to be successful in their lives too. They need to be healthy, happy and productive in order to move ahead as a cohesive unit. The Globe and Mail actually hit it perfectly. “People are not machines. Without proper support, they may not perform to their full potential…

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Terminating Benefits At 65 Is A Slippery Slope

We’ve seen a massive shift in our collective attitudes towards equal rights in the workplace, but ageism is one area where we are seriously falling behind, and it can have a detrimental impact on our society. Pushing retirement and removing benefits are just twin elements tied into these archaic rules that haven’t been updated to reflect the new workplace. We…

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Why Taxable Employee Benefits Is A Lose-Lose Situation

Recent reports surfaced about how taxing employer-provided health and dental benefits would increase the federal net balance by $3.8 billion. While this might add significant figures to the government’s annual spend, it will greatly shrink the disposable income of middle-income earners across the country every year. It’s a lose-lose situation and the long-term implications for this country are huge. What…

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Is Telemedicine The Next Big Thing In Canadian Health Care?

The digital revolution has made impressive strides in redefining modern health care, and we’re once again seeing technology shake up this industry by making medical care more efficient for both patients and healthcare providers. This virtual healthcare, or “Doctor in a Pocket” model is providing a powerful new way to facilitate consultations between Canadian doctors and patients and provides a…

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Canada’s Top Employee Benefits Providers For 2017

It's spring, so in the employee benefits industry, that means that it's time for one of the leading benefits publications, Benefits Canada, to publish their list of the top employee benefits providers for 2017. Some years, you'll see large increases - mainly due to acquisitions (e.g. when Manulife purchased Standard Life). Not this year - the companies have remained the…

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Medical Cannabis In Group Benefits: A Question Of ‘When’ – Not ‘If’

As Canada is set to embark on being the first major industrialized nation to legalize cannabis, being an early leader in this field comes with sweeping changes on how it will be viewed from an insurance standpoint. With the political narrative maturing and the number of registered medical cannabis patients continuing to grow, it’s marking a major industry shift with…

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