One of North America’s biggest makers of aluminum foil is seeking bankruptcy protection to restructure, citing falling aluminum prices and other market challenges that also…
In recent years, pension plan sponsors were optimistic about upcoming de-risking activity. In a Towers Watson (now Willis Towers Watson) survey conducted in the summer…
Premier Kathleen Wynne is defending nearly $600,000 the government spent in advertising the Ontario Retirement Pension Plan during the federal election campaign. The Canadian Taxpayers’ Federation…
Employee Financial Well-Being will roll out an online financial education pilot program called Money Ecademy, which is designed to engage and nudge employees towards better financial…
Retirement planning has two equal sides, one in which the focus is saving for retirement (accumulation) and the other in which your focus is managing…
The health of Canadian pension plans suffered the effects of January’s slumping equity markets and declining bond yields, according to tracking results for the month…
New regulations and legislation around plan administration is changing the state of play for pension governance. It is no longer a nice to have; it’s…
Alberta Investment Management Corporation (AIMCo) has appointed Remco van Eeuwijk as chief risk officer, effective May 2, 2016. With more than 15 years of experience,…
Pension plan administrators have a fiduciary duty to invest plan assets prudently and in the best interests of plan beneficiaries. This much, to quote Jane…
Following on from its appointment of a new chief investment officer, the Ontario Teachers’ Pension Plan (OTPP) has made a series of appointments to its investment…
The Canada Pension Plan (CPP) is more costly than five public sector pension plans, according to a new report by the Fraser Institute. The report…
The Canada Pension Plan Investment Board and Quebec’s Caisse de depot are among institutional investors seeking greater transparency from three of the world’s biggest mining…
Mercer Canada has launched an online marketplace that is aimed at revolutionizing the bulk annuity market for defined benefit (DB) pension plans. The Mercer Pension…
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…
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…
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…
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.…
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…
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…
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,…
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…
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…
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 Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
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…