Home Pensions Page 215

Top Stories in Pensions

CPPIB, Wolf to pay $1.4B for ownership in Alberta pipeline

The Canada Pension Investment Board and Wolf Midstream Inc. have signed an agreement to acquire a 50 per cent ownership of a pipeline in northeastern…

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

More rule-making powers for a new regulator touted in a recent report to take over the duties of the Financial Services Commission of Ontario should…

Almost half of working-age Canadians not saving for retirement: report

Almost half of working-age Canadians not saving for retirement: report

Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 10:36
IBM ordered to pay $23M to staff in connection to pension change

IBM ordered to pay $23M to staff in connection to pension change

IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…

Women 80% more likely to be in poverty after retiring than men: study

Women 80% more likely to be in poverty after retiring than men: study

The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 08:36
Have your say: Who do you agree with in the Canada Post labour dispute?

Have your say: Who do you agree with in the Canada Post labour dispute?

With labour negotiations at Canada Post Corp. centred on a proposal to close its defined benefit pension plan in favour of a defined contribution component for new…

  • By: Staff
  • July 12, 2016 September 13, 2019
  • 08:05
New Brunswick public pensions create independent investment manager

New Brunswick public pensions create independent investment manager

Vestcor Corp., an independent pension, benefits and investment management organization, has been created by the trustee boards of New Brunswick’s Public Service Share Risk Plan,…

  • By: Staff
  • July 11, 2016 September 13, 2019
  • 09:30
Two universities join Nova Scotia public service pension

Two universities join Nova Scotia public service pension

Pension plans from the Université Sainte-Anne in Church Point, N.S., and the University of King’s College in Halifax have transferred into the Public Service Superannuation…

  • By: Staff
  • July 11, 2016 September 13, 2019
  • 09:11
Manitoba joins other provinces in efforts to reform CPP

Manitoba joins other provinces in efforts to reform CPP

Manitoba has joined the other provinces in working towards enhancing the Canada Pension Plan, though Premier Brian Pallister said the province’s agreement with the federal…

  • By: Staff
  • July 8, 2016 September 13, 2019
  • 09:59
Canada Post labour dispute: A look at the company’s existing DC plan for some workers

Canada Post labour dispute: A look at the company’s existing DC plan for some workers

If the defined contribution pension plan currently on the negotiating table for new Canada Post employees who are members of the Canadian Union of Postal…

What are U.S. pension plan sponsors’ top concerns?

What are U.S. pension plan sponsors’ top concerns?

Investment volatility (52 per cent), retirement benefit costs (49 per cent) and regulatory compliance (47 per cent) are U.S. employers’ top three concerns now and for…

  • By: Staff
  • July 8, 2016 September 13, 2019
  • 09:17
Growth in life expectancy slows for OAS beneficiaries, study finds

Growth in life expectancy slows for OAS beneficiaries, study finds

The growth in life expectancy for beneficiaries of Canada’s old age security program declined slightly in recent years in comparison to the rates of the…

  • By: Jann Lee
  • July 7, 2016 September 13, 2019
  • 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…

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…