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Defined benefit pension solvency rises in April: survey

Defined benefit pension solvency rises in April: survey

The median solvency ratio of Canadian defined benefit pension plans stood at 86.1 per cent at the end of April, an increase of 2.4 percentage…

  • By: Staff
  • May 4, 2016 September 13, 2019
  • 09:00
Canadian pension funds rank poorly on climate change: report

Canadian pension funds rank poorly on climate change: report

Canadian pension funds are falling behind their international peers when it comes to climate change risk management, according to an annual report released yesterday. “Climate…

Employers urged to beware litigation risk in converting pension plans

Employers urged to beware litigation risk in converting pension plans

As the drive towards target-benefit pension plans continues to make headway in Canada, litigation risk for their sponsors is on the rise. The jurisprudence is…

Time for investment industry to yield in battle over GST on fees

Time for investment industry to yield in battle over GST on fees

In the 25-year history of the goods and services tax, its application to investment fees has been the subject of a series of battles between the…

Corps of Commissionaires increases take up with DC plan change

Corps of Commissionaires increases take up with DC plan change

The southern Alberta division of the Canadian Corps of Commissionaires has changed its defined contribution pension provider and structure in a bid to offer its 1,600 employees a…

Pension administrators burdened with tracking down missing retirees

Pension administrators burdened with tracking down missing retirees

A growing number of pension plan administrators are dealing with with the onerous task of tracking down missing plan members who have retired, according to speakers…

  • By: Jann Lee
  • April 29, 2016 September 13, 2019
  • 10:01

Chobani hands out stock options to 2,000 employees

U.S.-based yogurt-maker Chobani is handing out shares worth up to 10 per cent of the company to its 2,000 full-time employees. In a letter sent…

OMERS private equity to sell baked goods company

OMERS private equity to sell baked goods company

OMERS private equity, the private equity arm of the Ontario Municipal Employees Retirement System, has agreed to sell baked goods company Give and Go Prepared…

  • By: Staff
  • April 29, 2016 September 13, 2019
  • 09:45
21% of employers offer financial education to help staff retire securely: survey

21% of employers offer financial education to help staff retire securely: survey

One-fifth (21 per cent) of employer respondents to a recent survey by the International Foundation of Employee Benefit Plans provide financial or retirement education programs in the workplace…

  • By: Staff
  • April 29, 2016 September 13, 2019
  • 09:00
CPPIB to acquire global travel services provider

CPPIB to acquire global travel services provider

The Canada Pension Plan Investment Board and European private equity firm Cinven have announced an agreement to acquire Hotelbeds Group, a global provider of travel…

  • By: Staff
  • April 28, 2016 September 13, 2019
  • 10:00
CPPIB and Ontario Teachers’ oppose Bombardier executive pay proposal

CPPIB and Ontario Teachers’ oppose Bombardier executive pay proposal

Ahead of Bombardier’s annual shareholder meeting on Friday, two of its largest shareholders have expressed concern about the company’s executive compensation structure. The Canada Pension Plan Investment Board…

  • By: Staff
  • April 28, 2016 September 13, 2019
  • 09:30
Ontario Teachers’ to sell specialty insurer

Ontario Teachers’ to sell specialty insurer

Ontario Teachers’ Pension Plan has announced it will sell its ownership in ANV Holdings BV to AmTrust Financial Services, a multinational insurance holding company headquartered in…

  • By: Staff
  • April 27, 2016 September 13, 2019
  • 11:57
Government’s plan to eliminate 30% rule should concern everyone

Government’s plan to eliminate 30% rule should concern everyone

When the Ontario government released a regulatory proposal to eliminate the so-called 30-per-cent rule on March 14, it appeared neither controversial nor significant at first…

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…