There’s no question that pension reform is on the horizon, but what form will it take? Benefits Canada presents two different views on much-needed changes…
Pension plan administrators are required to exercise care, diligence, and prudence when administering a pension fund. Although they are permitted to appoint agents to carry…
The ‘Great Recession’ may have resulted in a shift away from the “free agent” model of employment to a more long-term outlook on the part…
The outcome of a recent class action case within Canada’s financial industry could potentially open the floodgates to overtime lawsuits against employers, warns Borden Ladner…
“Red faces at retailer as dozens of staff post insulting comments about its customers on internet forum” — U.K. Daily Mail “Nearly half of office employees…
The lack of movement on pension reform in the 2010 federal budget may not have come as a surprise to some, but there is debate…
Say goodbye to Canadian Generally Accepted Accounting Principles (GAAP). For financial statements covering periods beginning on or after January 1, 2011, companies will no longer…
In January, the Ontario Court of Appeal released its long-awaited decision concerning a partial windup application made by non-unionized employees affected by a reorganization at…
During 2009, retirement savings frequently made headline news. The news stories all focused on the same question, regardless of whether it was asked in the…
Many countries are dealing with the issue of a significant savings shortfall for certain groups of individuals at or near retirement. Canada is one of…
Roughly 18 months after the financial crisis, the economic fog is beginning to lift, but custodians still struggle with declining pension assets. In this year’s…
The February issue of Benefits Canada featured a roundtable with senior representatives from custody service providers on the issues and trends facing the industry. This…
A pension plan administrator has a legal obligation to invest plan assets prudently and in compliance with the quantitative limits on pension investments. Until recently,…
B.C. finance minister Colin Hansen has identified a voluntary, supplemental pension plan based on the Canada Pension Plan (CPP) as the most likely option for…
Despite an increasingly educated and well-trained labour force, Canada’s productivity growth over the past 25 years has been sluggish due to a lack of investment…
B.C. Finance Minister Colin Hansen is refuting the findings of an influential report on Canada’s retirement system and is making fresh appeals for reform, reports…
Women view wealth and retirement quite differently than men, a new study finds. A survey of 1,200 Canadians, undertaken by Fleishman-Hillard on behalf of Sun…
Ottawa is playing host to Canada’s 18 federal unions for Tuesday and Wednesday as they draw out a battle plan for the expected showdown over…
Canadian employers and employees are not only growing reticent to bring up the “R” word, but expectations surrounding retirement are becoming increasingly murky, according to…
Seniors advocacy group CARP has vowed to pursue a public campaign to hold the federal government’s feet to the fire by demanding a commitment to…
For most employers, proactive thinking on employment law issues means putting proper procedures in place to handle issues like discrimination, harassment claims, or a potential…
Recovering equity markets and rising interest rates combined to nudge the overall health of pension plans upward this past quarter, according to Mercer. The Mercer…
When it comes to sales tax harmonization, which will become effective in Ontario and British Columbia in July 2010, government announcements to date have focused…
The International Foundation of Employee Benefit Plans (IFEBP) conducted its first live on-site survey of plan sponsors attending the 42nd Annual Canadian Employee Benefits Conference…
Last year started with great uncertainty for pension plans, following a disastrous 2008, which was made worse by a mediocre 2007. The S&P TSX Composite…