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Convergint Technologies hosts No Spender November effort to boost financial awareness

Convergint Technologies hosts No Spender November effort to boost financial awareness

Convergint Technologies is hosting what it calls a No Spender November effort this month to encourage its employees to be more aware about their individual…

My Take: Personal finance should be a mandatory course in high school

My Take: Personal finance should be a mandatory course in high school

If you ask me what I remember from taking the careers course in Grade 10, I would only be able to recall that a quiz…

  • By: Jann Lee
  • November 10, 2016 September 13, 2019
  • 08:58
What does a Trump presidency mean for U.S. employers?

What does a Trump presidency mean for U.S. employers?

After months, and even years, of buildup and anticipating, Republican nominee Donald Trump is the next president of the United States. Looking at his platform,…

CNL staff agree to move to new multi-employer pension plan

CNL staff agree to move to new multi-employer pension plan

New collective agreements reached between the United Steelworkers union and Canadian Nuclear Laboratories will create a multi-employer, multi-union pension plan for employees affected by the…

Ford and Unifor ratified agreement includes pension, health benefits changes

Ford and Unifor ratified agreement includes pension, health benefits changes

The new contract ratified yesterday between Ford Motors Company and Unifor includes a move from a hybrid pension plan to a defined contribution plan for…

  • By: Staff
  • November 7, 2016 September 13, 2019
  • 10:37
Feds appealing decision in $40M tax dispute with bcIMC

Feds appealing decision in $40M tax dispute with bcIMC

The federal government is appealing a B.C. court ruling in a dispute over whether the British Columbia Investment Management Corp. (bcIMC) owes it more than…

  • By: Glenn Kauth
  • November 7, 2016 September 13, 2019
  • 09:00
Manitoba launches consultation on Canada Pension Plan

Manitoba launches consultation on Canada Pension Plan

Manitoba is launching public consultations to hear ideas and suggestions on enhancements to the Canada Pension Plan. The province had originally opted out of the…

  • By: Staff
  • November 4, 2016 September 13, 2019
  • 15:24
Pension industry urged to look internationally for decumulation solutions

Pension industry urged to look internationally for decumulation solutions

As defined contribution plans mature and members retire, the pension industry may want to look abroad for solutions to the decumulation dilemma, participants at an…

MPs and cabinet forced to reimburse pension overpayment

MPs and cabinet forced to reimburse pension overpayment

All of Canada’s members of Parliament and the entire cabinet will be forced to make retroactive payments into their pension plans following technical glitches in…

  • By: Staff
  • November 4, 2016 September 13, 2019
  • 08:55
Defined benefit pension plans deliver positive returns in Q3: RBC

Defined benefit pension plans deliver positive returns in Q3: RBC

Solid performance from equities and long-duration domestic bonds in the third quarter of 2016 boosted returns for Canadian defined benefit pension plans, according to a…

  • By: Staff
  • November 3, 2016 September 13, 2019
  • 10:25
Actuarial report on enhanced CPP contains some interesting tidbits for plan sponsors

Actuarial report on enhanced CPP contains some interesting tidbits for plan sponsors

Whenever the Canada Pension Plan is amended, the chief actuary must prepare a supplementary actuarial report has to be prepared on it. That report, released…

Governance structure ‘essential’ in federal infrastructure investment plan

Governance structure ‘essential’ in federal infrastructure investment plan

Following the federal government’s announcement yesterday of its plans to invest in infrastructure, one of Canada’s largest pension funds is advising the government that the…

  • By: Staff
  • November 2, 2016 September 13, 2019
  • 11:23
U.S. Steel Canada acquisition is ‘best opportunity’ for the company and retirees

U.S. Steel Canada acquisition is ‘best opportunity’ for the company and retirees

The deal to sell U.S. Steel Canada Inc. to U.S.-based holding company Bedrock Industries Group LLC has been confirmed, a transaction that was proposed in…

  • By: Staff
  • November 2, 2016 September 13, 2019
  • 09:55

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…

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…