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New CPP, OAS benefit amounts take effect for 2018

New CPP, OAS benefit amounts take effect for 2018

With the new year underway, recipients of Canada Pension Plan and old-age security benefits are getting a modest increase from the federal government. Effective Jan. 1,…

Don’t miss these important pension and benefits dates for 2018

Don’t miss these important pension and benefits dates for 2018

With 2017 coming to a close and 2018 on the horizon, professionals in the pension, investment, benefits and human resources industries have a number of dates to…

  • By: Staff
  • December 29, 2017 September 13, 2019
  • 08:30
Four pension and retirement trends to watch in 2018

Four pension and retirement trends to watch in 2018

As 2017 draws to a close, we turn our attention to the new year. As usual, there’s a lot happening in the Canadian pension environment. Below are…

  • December 29, 2017 January 31, 2021
  • 07:30
Top 10 pension and retirement stories of 2017

Top 10 pension and retirement stories of 2017

Bankruptcy and its impact on company’s pension plans was a big story in 2017, with Sears Canada Inc. and Stelco Inc. grabbing the most headlines of the…

  • By: Staff
  • December 27, 2017 September 13, 2019
  • 08:00
Quebec employers concerned about province’s plan to eliminate pension disparities

Quebec employers concerned about province’s plan to eliminate pension disparities

Quebec employers are expressing concern about the business impact of the province’s move to eliminate disparities in pension and supplementary group benefits plans. “It’s an…

Creditor challenges regulator’s move to wind up Sears Canada pension plan

Creditor challenges regulator’s move to wind up Sears Canada pension plan

The Ontario financial regulator’s move to wind up the Sears Canada Inc. pension plan will be proceeding to a hearing after a creditor of the…

  • By: Staff
  • December 22, 2017 September 13, 2019
  • 08:30
Should Canadians be able to dip into RRSPs to help kids buy real estate?

Should Canadians be able to dip into RRSPs to help kids buy real estate?

Should Canadians be able to dip into their registered retirement savings plans to help their children buy their first house? The Canadian Real Estate Association certainly…

Plan sponsors favouring group RRSPs, DPSPs over DC plans

Plan sponsors favouring group RRSPs, DPSPs over DC plans

Employers in search of simpler retirement products for their workers are looking to group registered retirement savings plans and deferred profit-sharing plans as a solution, say…

Editorial: Protecting DB pensions: Something has to change

Editorial: Protecting DB pensions: Something has to change

With the pension woes at Sears Canada Inc. in the spotlight, the political parties have been busy touting their solutions to the defined benefit conundrum.…

  • By: Glenn Kauth
  • December 19, 2017 September 13, 2019
  • 09:00
2017 CAP Member Survey: Plan sponsors urged ‘to be courageous’

2017 CAP Member Survey: Plan sponsors urged ‘to be courageous’

Decumulation is a clear and significant concern for the sponsors of capital accumulation plans, the results of Benefits Canada’s 2017 CAP Member Survey show. The…

Pension plans need new metrics to adapt to millennials’ ascent, changing work reality

Pension plans need new metrics to adapt to millennials’ ascent, changing work reality

Canada’s public sector pension organizations are global leaders. Over the past 30 years, they’ve distinguished themselves in the delivery of secure and sustainable defined benefit…

  • December 18, 2017 September 13, 2019
  • 16:02
Pension wealth in employer-based plans rose at slower pace in 2016: Statistics Canada

Pension wealth in employer-based plans rose at slower pace in 2016: Statistics Canada

While total pension wealth rose for an eighth consecutive year in 2016, the wealth of employer-based pension plans increased at a much weaker pace than the previous…

  • By: Staff
  • December 18, 2017 September 13, 2019
  • 10:15
Ontario releases more details on funding cushion in new DB framework

Ontario releases more details on funding cushion in new DB framework

Ontario has published a description of its new funding framework for defined benefit pension plans, including details on how the provision for adverse deviations will…

Chipotle expanding benefits offering to focus on career development, student debt

In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…

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

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

An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

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

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 26, 2024 April 25, 2024
  • 09:00

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…

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…