When Loblaw Companies Ltd. purchased annuities to reduce the risk in its defined benefit pension plans in January 2017, the $350-million, inflation-linked buyout kicked off…
Canada and the world enjoyed a particularly strong economic performance last year. In Canada, the unemployment rate fell to just 5.7 per cent at the…
While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How…
It’s a familiar situation: An employee is feeling ill at work but is too busy to leave for a medical appointment. Or perhaps the employee’s…
It’s an exciting time for group benefits in Canada. That’s not a phrase you hear every day, but it’s one that’s coming up more and…
Any job applicant knows that in an interview, it’s important to sit up straight, lean in and make eye contact. But body language isn’t crucial…
The ongoing Sears Canada Inc. and Wabush Mines restructurings illustrate that there’s perhaps nothing as vexing in insolvency situations as the position that pension deficits…
With the pension woes at Sears Canada Inc. in the spotlight, the political parties have been busy touting their solutions to the defined benefit conundrum.…
For many people, gardening is a hobby reserved for winding down after a busy workday or week. It can be a good way to exercise,…
The annual deductible in group benefits plans is a long-standing strategy for sharing costs with employees and encouraging more responsible consumption of benefits. But in…
For some investors, tradition isn’t cutting it anymore. Rock-bottom interest rates are squeezing fixed-income returns, and the need to diversify through sturdy, lower-risk assets is…
Decumulation is a clear and significant concern for the sponsors of capital accumulation plans, the results of Benefits Canada’s 2017 CAP Member Survey show. The…
Rates of workplace absenteeism reached peak levels in 2016 compared to the last five years in both the public and private sectors, according to Statistics…
In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…
One employee touts the benefits of an ESOP, while an academic notes it depends on individual financial circumstances and plan design. Morgan Zirul, store manager,…
PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…