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How to streamline benefits plans during a merger or acquisition

Veuillez noter que cet article se trouve sur une plateforme tierce et qu'il n'est disponible qu'en anglais.

When a company is undergoing a merger or acquisition, it’s important to maintain consistency regarding benefits plans and streamline the process as much as possible.

“It’s crucial to allocate the proper resources to make sure the process goes smoothly and benefits coverage is maintained or improved upon,” says Connie Cooper, associate vice-president of executive financial counselling and education services at CWB Wealth. “In a lot of instances, these processes can be gradual or transitioned over time, so there isn’t necessarily a reason to be hasty. [It’s better to take the time to] make sure everything is done right.”

Click here to read the full article by Sadie Janes, originally published on Benefits Canada on December 13, 2024, featuring insights from Connie Cooper, AVP, Executive Financial Counselling & Education Services.

The preceding information is for educational purposes only. As it is impossible to include all situations, circumstances and exceptions in a newsletter such as this, a further review should be done by a qualified professional. No individual or organization involved in either the preparation or distribution of this letter accepts any contractual, tortious, or any other form of liability or its contents or for any consequences arising from its use.