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New corporation being formed by N.B. pension plans

New corporation being formed by N.B. pension plans

New Brunswick’s two largest public sector pension plans are joining forces. The trustee boards of the Public Service Shared Risk Plan, which covers most employees in…

The ORPP divide: Is plan a ‘monster’ or an incentive for better pensions?

The ORPP divide: Is plan a ‘monster’ or an incentive for better pensions?

As Ontario inches closer to launching its mandatory pension program, the Ontario Retirement Pension Plan, the pension industry remains polarized about the plan’s impact on…

Ottawa says target benefits still a priority despite budget omission

Ottawa says target benefits still a priority despite budget omission

While proponents are expressing concern about the absence of any mention of target-benefit pension plans in the recent federal budget, the omission doesn’t mean Ottawa has lost interest in…

Despite challenges, Teachers’ 2015 return climbs

Despite challenges, Teachers’ 2015 return climbs

Despite low interest rates, slow global growth and sliding commodity prices, the Ontario Teachers’ Pension Plan (Teachers’) saw its investment return increase in 2015 –…

CPPIB invests in European fleet company

CPPIB invests in European fleet company

CPPIB Credit Investments Inc., a wholly-owned subsidiary of the Canada Pension Plan Investment Board,  has completed the funding of €480 million in the Mandatory Exchangeable Facility…

  • By: Staff
  • March 30, 2016 September 13, 2019
  • 09:33
Pension plans and the Canadian dollar dilemma

Pension plans and the Canadian dollar dilemma

For many Canadian pension investors, the Canadian dollar has been a source of tremendous volatility in recent years. After reaching a post-financial crisis high of…

Kingfisher Group agrees medically underwritten buy-in

Kingfisher Group agrees medically underwritten buy-in

Global retailer Kingfisher Group has agreed a £230-million medically underwritten buy-in for its defined benefit pension plan. The transaction, which covers 149 specific plan members from the company’s £3-billion…

  • By: Staff
  • March 30, 2016 September 13, 2019
  • 09:23
Caisse appoints managing director of México subsidiary

Caisse appoints managing director of México subsidiary

Caisse de dépôt et placement du Québec has appointed Alonso García-Tamés managing director of its México subsidiary, CDPQ México, and head of Latin America. Based in Mexico…

  • By: Staff
  • March 29, 2016 September 13, 2019
  • 14:50
Illinois Supreme Court strikes down Chicago pensions plan

Illinois Supreme Court strikes down Chicago pensions plan

The Illinois Supreme Court dealt another devastating blow Thursday to the state’s impatient attempts to control its ballooning public pension debt by striking down a state…

American Airlines brings back profit-sharing plan

American Airlines brings back profit-sharing plan

American Airlines has re-instated its profit-sharing program, which had been in place prior to its 2015 merger with US Airways. The program, which took effect with…

  • By: Staff
  • March 24, 2016 September 13, 2019
  • 14:24
Alternative investments among the DC topics at 2016 Benefits and Pension Summit

Alternative investments among the DC topics at 2016 Benefits and Pension Summit

From the Ontario Retirement Pension Plan to the implications of environmental, social and governance factors, the pension stream at Benefits Canada‘s 2016 Benefits and Pension…

AIMCo returns 9.1% in 2015

AIMCo returns 9.1% in 2015

Alberta Investment Management Corporation (AIMCo) has reported a 9.1% rate of return on its total assets under management for the year ending December 31, 2015.…

  • By: Staff
  • March 23, 2016 September 13, 2019
  • 09:48
Budget 2016: Liberals spare stock options

Budget 2016: Liberals spare stock options

After outcry over possible changes to the taxation of stock options, the Liberal government has left the existing regime in place — at least for…

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…