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Worker demand for DB pension plans could increase as financial concerns continue: CAAT

A resurgence of defined benefit pension plans in Canada could be on the horizon, according to a report from the Colleges of Applied Arts and…

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BCFSA’s climate risk guidelines could create burden on smaller pension plans, says PIAC

The Pension Investment Association of Canada is calling on the B.C. Financial Services Authority to reconsider implementing new standards for climate-related risks analysis guidelines, noting it…

  • By: Staff
  • December 14, 2023 December 13, 2023
  • 09:00

Converting DB pension plans to DC plans impacts cash flow, increases costs: report

U.S. public sector defined benefit pension plans that have switched to a defined contribution model have experienced negative cash flows and increased costs and employee…

  • By: Staff
  • December 13, 2023 December 13, 2023
  • 15:00
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Funded ratio of largest U.S. DB pension plans dipped to 103% in November: report

The funded ratio of the 100 largest corporate defined benefit pension plans in the U.S. dipped from 104 per cent at the end of October to…

  • By: Staff
  • December 12, 2023 December 12, 2023
  • 15:00

Study finds healthier funding status for DB plans raising interest in LDI strategy reviews

U.S.-based defined benefit pension plan sponsors are increasingly looking to assess their liability-driven investment strategies as they reach fully funded statuses, according to a new…

Gap persists between DC plan sponsor, member views on retirement readiness: survey

While the majority (87 per cent) of defined contribution pension plan sponsors feel their members are somewhat or very prepared for retirement, only 63 per…

  • By: Staff
  • December 11, 2023 December 11, 2023
  • 15:00
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Alberta government rejects amendments to CPP exit legislation

Premier Danielle Smith’s government has rejected a proposal that would have compelled it to respect the results of a referendum on whether Alberta should quit…

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FSRA’s proposed rule could increase fairness in division of pension benefits during marriage breakdown: expert

The Financial Services Regulatory Authority of Ontario’s proposed family rule could allow for pension benefits to be divided more fairly in the event of a…

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Magna, Unifor agreement includes multiple benefits gains

After a five-day strike, the union representing 800 employees at Magna International Inc.’s Integram Seating factory in Windsor, Ont. has ratified a collective agreement that…

  • By: Staff
  • December 8, 2023 December 7, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on how Ontario’s proposed pay transparency legislation will impact employers was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…

  • By: Staff
  • December 8, 2023 December 8, 2023
  • 09:00
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Expert panel: How interest rates impact DB pension plans

Interest rate levels are critically important to the financial health of defined benefit pension plans. Many DB plans are in their best financial positions in…

How employers can shift younger workers’ ‘soft saving’ mentality to focus on retirement planning

Discouraged with the state of the current economy, more and more younger workers are abandoning saving for retirement and focusing on ‘soft saving.’ Soft saving…

AIMCo acquiring Australian cattle portfolio company, IMCO adding $2.6BN in portfolio assets

The Alberta Investment Management Corp. is increasing its Australian agriculture portfolio with the acquisition of a cattle management company. The transaction will see the AIMCo…

  • By: Staff
  • December 5, 2023 December 5, 2023
  • 09:30

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…