J.C. Penney to reduce pension obligation
J. C. Penney says it will reduce its US$5 billion pension benefit obligation by up to 35% without requiring any cash contributions from the company.
- By: Staff
- October 2, 2015 September 13, 2019
- 10:54
Top Stories in Pensions
QPP offers lessons for ORPP: Report
The underfunding the QPP saw during its early years offers lessons for the upcoming Ontario Retirement Pension Plan (ORPP)—as well as for a potentially expanded…
- By: Staff
- October 1, 2015 September 13, 2019
- 10:42
Capital accumulation plans
DC lessons from across the globe
Despite a maturing of DC plans in Canada, the Towers Watson 2015 Global Pension Assets Study shows they still only account for about 4% of…
- By: Tony Palermo
- October 1, 2015 September 13, 2019
- 07:00
Are employers turning their backs on the ORPP?
The Government of Ontario did something right when it decided to exempt certain DC plans from the Ontario Retirement Pension Plan (ORPP). Benefits Canada surveyed…
- By: Craig Sebastiano
- October 1, 2015 September 13, 2019
- 07:00
Why video is today’s hottest communication tool
Let’s face it: no one really wants to spend precious time reading about their pension and benefit plans. Pensions and benefits are boring, and sometimes…
- By: Susan Deller
- September 30, 2015 September 13, 2019
- 07:00
B.C. introduces new pension standards
The British Columbia government is announcing new standards for workplace pension plans, creating options that could be activated even before an employee retires.
- By: Canadian Press
- September 29, 2015 September 13, 2019
- 16:10
NYC mayor urges pension funds to sell coal stocks
New York City mayor Bill de Blasio is proposing that the city's pension funds divest from coal.
- By: Staff
- September 29, 2015 September 13, 2019
- 14:14
Tough summer for Canadian pension plans
The health of Canadian pension plans declined sharply in the third quarter due to market volatility and declining bond yields, reports from Aon and Mercer…
- By: Staff
- September 28, 2015 September 13, 2019
- 12:29
Responsible investment options could improve participation, contribution rates
Plan participants in the United States believe their retirement plans should offer responsible investment options and having these options would favourably affect their attitudes toward…
- By: Staff
- September 28, 2015 September 13, 2019
- 11:10
Though poorly understood, TFSAs have great benefits
The annual contribution room for tax-free savings accounts (TFSAs) recently went up to $10,000, which means Canadians can now use them to build real wealth,…
- By: Staff
- September 28, 2015 September 13, 2019
- 11:05
Aegon to buy Mercer’s U.S. DC recordkeeping business
Aegon, through an affiliate of its Transamerica unit, has reached an agreement to acquire Mercer's American DC administration book of business for an undisclosed amount.
- By: Staff
- September 25, 2015 September 13, 2019
- 10:48
Shift to DC hasn’t reduced retirement savings
Many commentators assert that people are saving less for retirement as a result of the shift from DB to DC plans.
- By: Staff
- September 24, 2015 September 13, 2019
- 12:24
OAS benefit amounts to increase
Employment and Social Development Canada has announced the quarterly benefit amounts for Old Age Security (OAS) for October to December 2015.
- By: Staff
- September 23, 2015 September 13, 2019
- 10:34
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…
- By: Bryan McGovern
- April 12, 2024 April 11, 2024
- 08:53
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…
- By: Bryan McGovern
- April 4, 2024 April 4, 2024
- 09:00
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…
- By: Lauren Bailey
- February 26, 2024 February 23, 2024
- 09:00
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58