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Canadian group annuity sales reach $1 billion in first quarter of 2018

Canadian group annuity sales reach $1 billion in first quarter of 2018

Canadian group annuity sales reached an estimated $1 billion in the first quarter of 2018, according to Willis Towers Watson’s quarterly update. The significant volume…

  • By: Staff
  • June 6, 2018 September 13, 2019
  • 15:00
Government benefit cuts, longevity among global trends affecting retirement readiness

Government benefit cuts, longevity among global trends affecting retirement readiness

The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…

  • By: Staff
  • June 6, 2018 September 13, 2019
  • 08:30
Study highlights cost differences between CPP, private pension plans

Study highlights cost differences between CPP, private pension plans

In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…

  • By: Staff
  • June 5, 2018 September 13, 2019
  • 16:15
OMERS looking at indexing as part of plan review

OMERS looking at indexing as part of plan review

As part of a comprehensive plan review, the Ontario Municipal Employees Retirement System is looking at a number of changes, including to indexing provisions. While…

Jean-Daniel Côté named BFL Canada VP of retirement

Jean-Daniel Côté named BFL Canada VP of retirement

BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range…

  • By: Staff
  • June 4, 2018 September 13, 2019
  • 15:00
Taxpayers on hook for liabilities in federal staff pension plans: report

Taxpayers on hook for liabilities in federal staff pension plans: report

A new report by the C.D. Howe Institute says taxpayers are on the hook for the unfunded liability of pension plans for federal employees. In…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:45
Schroders names Shawn Cohen as institutional director

Schroders names Shawn Cohen as institutional director

Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:15
CLHIA announces tweaks to advisor compensation disclosure guideline

CLHIA announces tweaks to advisor compensation disclosure guideline

The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…

National retirement program for non-profit sector in the works

National retirement program for non-profit sector in the works

Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 10:11
A closer look at Ontario political parties’ pension, benefits promises

A closer look at Ontario political parties’ pension, benefits promises

Despite not yet announcing its election platform, Ontario’s Progressive Conservative Party may have the greatest potential for affecting pensions and benefits in Ontario. “The Conservatives’…

Surveys show pension concerns for both Canadian millennials, seniors

Surveys show pension concerns for both Canadian millennials, seniors

Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig…

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 16:00
New contract for Iron Ore workers includes pension, health benefits increases

New contract for Iron Ore workers includes pension, health benefits increases

United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 15:30
Creating a thriving workplace with data, personalized employee benefits

Creating a thriving workplace with data, personalized employee benefits

Some organizations are unique. Their employees are genuinely excited to be at work and an undercurrent of energy and vitality permeates the air. They’ve transformed the…

  • May 29, 2018 September 13, 2019
  • 10:00

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…

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…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 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

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

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…

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

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…