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Top 5 HR, benefits, pension and investment stories of the week

An article on how Desjardins Insurance is supporting employee financial wellness was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • December 1, 2023 November 30, 2023
  • 09:00

Feds’ new tax exemption could drive more employers to leverage employee ownership trusts: expert

A new federal tax exemption for employee ownership trusts could spur retiring business owners to sell their companies to workers, says Jon Shell, managing director…

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Federal public sector pension indexation rate set at 4.8% for 2024

The pension indexation rate for federal public sector pensions will be 4.8 per cent in 2024, according to the National Association of Federal Retirees. The…

  • By: Staff
  • November 30, 2023 November 30, 2023
  • 11:00
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Survey finds just 14% of near-retirees say they can retire with confidence

Just 14 per cent of near-retirees say they can retire with confidence and only five per cent say they’ve sought financial advice from their employer, according…

  • By: Staff
  • November 29, 2023 November 28, 2023
  • 09:00

OPB appointing Darwin Bozek as president, chief pension officer

The Ontario Pension Board is appointing Darwin Bozek as president and chief pension officer, effective Feb. 1, 2024. He joins the OPB from the Alberta…

  • By: Staff
  • November 28, 2023 November 28, 2023
  • 09:00

Alberta premier quiet on reason for abandoning promised in-person CPP exit consults

Alberta Premier Danielle Smith won’t say what happened to her government’s promise to hold face-to-face meetings with citizens in December on quitting the Canada Pension…

CPPLC appointing Karen McKeown as co-chair

The Canadian Public Pension Leadership Council is appointing Karen McKeown, director of board operations at the B.C. Pension Corp., as co-chair. McKeown will share responsibilities…

  • By: Staff
  • November 24, 2023 November 24, 2023
  • 15:00

Desjardins using budget workshops, interactive game to support employee financial wellness

Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00
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Ontario DB pension plans’ average solvency ratio increased to 117% in Q3 2023: FSRA

The average projected solvency ratio for Ontario defined benefit pension plans increased slightly to 117 per cent in the third quarter of 2023, with more than…

  • By: Staff
  • November 24, 2023 November 23, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the federal government’s 2023 fall economic statement was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…

  • By: Staff
  • November 24, 2023 November 23, 2023
  • 09:00
ACPM calling on feds to streamline pension overpayment recovery

Removal of ‘30% rule’ could boost investment, reduce private equity fees for Canadian pension funds

If the federal government scraps its rule restricting Canadian pension funds from holding more than 30 per cent of the voting shares of investee corporations, pension…

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Real return bonds support pension risk management, provide liability data: ACPM

The Association of Canadian Pension Management is urging the federal government to reverse its position on the cessation of real return bonds and open a…

  • By: Staff
  • November 23, 2023 November 22, 2023
  • 09:00
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N.S. legislation allowing private employers to transfer pensions into PSSP

Nova Scotia-based private employers can now transfer their pension plans into the Public Service Superannuation Plan. The Private Sector Pension Plan Transfer Act, which received…

  • By: Sadie Janes
  • November 23, 2023 November 23, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

Ontario court sides with IBM in pension benefits rectification case

An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…

  • By: Staff
  • April 25, 2024 April 25, 2024
  • 15:00

Clear, flexible regulations needed for target-benefit plans: report

Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

OPB working with employers to receive salary information of employees impacted by Bill 124

The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by the…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…

IMCO joining network of employee ownership coalition

The Investment Management Corp. of Ontario is joining Ownership Works, a non-profit organization dedicated to implementing broad-based employee ownership programs, as a founding investor partner.…

  • By: Staff
  • October 24, 2023 October 24, 2023
  • 11:00