A year after it came into existence, the Investment Management Corp. of Ontario began managing the assets of its first two clients yesterday. Established in…
Assets in registered pension plans were $1.7 trillion in 2015, a three per cent increase from 2014, according to new figures published by Statistics Canada.…
A B.C. municipality will get another chance to make its case for terminating three employees on long-term disability with no hope of coming back to…
Concerns about pension security have been an issue for some time now, but is the gap in retirement savings as bad as it seems? The…
The private equity arm of the Ontario Municipal Employees Retirement System is selling a business software company to investment manager Partners Group for $1.72 billion.…
In a reminder to employers to be diligent about using their own disability management processes before terminating an employee, an Alberta arbitrator has ruled against a company…
The Supreme Court of Canada won’t hear an appeal from a former Nortel Networks Corp. employee who claimed her charter rights were violated over the…
The conversation around the need for a national pharmacare program is picking up as the Canadian Labour Congress prepares to launch a campaign this fall. “Our…
The investigation into benefits fraud at the Toronto Transit Commission has taken yet another turn as police announce new charges involving claims submitted to the…
A recent decision by the Superior Court of Ontario has confirmed that working notice doesn’t count when an employee is away from work due to…
A labour arbitrator has served notice that employees who commit benefit fraud will have a hard time avoiding dismissal. Earlier this summer, arbitrator Eli Gedalof upheld…
The Office of the Superintendent of Financial Institutions has issued a guideline defining the eligible default investment options under pooled registered pension plans. The Pooled Registered…
Canada is facing a $13.4-trillion retirement savings deficit by 2050, up from a $2.7-trillion shortfall in 2015, according to a new report by Mercer. Among all…
The federal government has begun imposing financial sanctions on the Canada Life Assurance Co. after months of outcry from public servants, retirees and their families who…
Environmental, social and governance standards have helped investors generate positive annualized returns, with environmental investments leading the pack globally, according to a new study from…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
The Canada Pension Plan Investment Board is selling 2.78 per cent of its stake in India-based supply chain and logistics operator Delhivery Ltd. The total…
The funded ratio of U.S. corporate defined benefit pension plans declined to 98.5 per cent in fiscal 2023 from 99.4 per cent in 2022, according…
Even though it has been two years since the U.S. Federal Reserve started rapidly hiking interest rates, hedge fund managers aren’t more likely to have…