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Sears Canada seeking to suspend special payments as pension found to be 81% funded

Sears Canada seeking to suspend special payments as pension found to be 81% funded

Facing a monthly obligation to put $3.7 million a month into its pension plan to make up for a funding shortfall, Sears Canada Inc. is…

  • By: Staff
  • June 23, 2017 September 13, 2019
  • 10:05
Employers urged to address ‘serious public health issue’ of poor sleep

Employers urged to address ‘serious public health issue’ of poor sleep

While employees with poor sleep habits are more likely to see an impact on their work, treatment can make a significant difference to their quality…

Home Capital to pay $1.65B owed to HOOPP from Buffett loan

Home Capital to pay $1.65B owed to HOOPP from Buffett loan

Home Capital Group Inc. will end its $2-billion credit agreement with the Healthcare of Ontario Pension Plan just months after it entered into the deal…

  • By: Staff
  • June 22, 2017 September 13, 2019
  • 14:35
Medavie Blue Cross adds smoking-cessation services to chronic disease benefit

Medavie Blue Cross adds smoking-cessation services to chronic disease benefit

Medavie Blue Cross is adding heart health and smoking-cessation services to its extended health benefit designed to help manage chronic disease. The health benefit already…

  • By: Staff
  • June 22, 2017 September 13, 2019
  • 14:35
Employers must prepare for retirees’ ‘encore’ careers

Employers must prepare for retirees’ ‘encore’ careers

Over the next decade, employers will have to create workplace programs that recognize employees’ careers beyond retirement, speakers on a panel at an event in…

Deadline coming fast for Workplace Benefits Awards

Deadline coming fast for Workplace Benefits Awards

Does your absence management strategy, pension plan or health and wellness program deserve to be recognized? Benefits Canada’s annual Workplace Benefits Awards is now open…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 20:16
B.C. benefits trust successful in double-dipping case

B.C. benefits trust successful in double-dipping case

When it comes to wage indemnity benefits, employees can’t double-dip even if they’ve been successful in a human rights case, the Supreme Court of British…

Sears faces $300M retirement benefit shortfall as retailer seeks CCAA protection

Sears faces $300M retirement benefit shortfall as retailer seeks CCAA protection

While Sears Canada Inc. shareholders deal with stock losses as the company moves to file for bankruptcy protection, pension plan members and retirees face worries over…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 20:11
Doctor shopping for erectile dysfunction drugs cited in new report on Toronto benefits plan

Doctor shopping for erectile dysfunction drugs cited in new report on Toronto benefits plan

The City of Toronto’s auditor general is raising yet more concerns about benefits fraud after discovering employees may have shopped around for doctors to get…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 10:25
City of Saskatoon thwarted in bid to pay administration costs from pension plan

City of Saskatoon thwarted in bid to pay administration costs from pension plan

The City of Saskatoon’s failed attempt to unilaterally change the terms of its pension plan has produced an arbitration ruling that will likely make it…

Status of QPP ‘frustrating for everybody’ one year after CPP deal

Status of QPP ‘frustrating for everybody’ one year after CPP deal

While today marks the one-year anniversary of Ottawa reaching an agreement with most of the provinces to expand the Canada Pension Plan, the future of…

  • By: Jann Lee
  • June 21, 2017 September 13, 2019
  • 08:45
Alternative investing requires more transparency: survey

Alternative investing requires more transparency: survey

Though alternative investing has become more mainstream, best practices around transparency requirements are lagging behind demand, according to a new survey by Northern Trust. The…

  • By: Staff
  • June 21, 2017 September 13, 2019
  • 08:15
Ontario Teachers’ to acquire equity interest in global HR company

Ontario Teachers’ to acquire equity interest in global HR company

The Ontario Teachers’ Pension Plan Board is acquiring a majority of the outstanding equity interests in global human resources company CareerBuilder. The proposed transaction, which…

  • By: Staff
  • June 20, 2017 September 13, 2019
  • 14:30

Younger workers in the U.S. feeling less confident about their financial security: report

Younger workers in the U.S. are feeling less confident about their financial security compared to those from older generations, according to a report by LIMRA.…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 15:00

U.S. employees staying at current jobs due to work-life balance, financial stability: survey

Fewer U.S. workers are leaving their jobs, with roughly two-fifths citing improved work-life balance (44 per cent), interesting work (41 per cent) and financial stability…

  • By: Staff
  • May 7, 2024 May 6, 2024
  • 09:00

Average Canadian DB pension plan returns 3.6% in Q1 2024: reports

The average Canadian defined benefit pension plan posted a median return of 3.6 per cent in the first quarter of 2024, according to a new…

  • By: Staff
  • May 6, 2024 May 6, 2024
  • 15:00

ESG standards helping institutional investors realize positive annualized returns: study

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…

  • By: Staff
  • May 3, 2024 May 7, 2024
  • 15:00

CPPIB sells 2.78% stake in India logistics firm

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…

  • By: Staff
  • May 1, 2024 May 1, 2024
  • 15:00

Funded ratio of 100 largest U.S. corporate DB pension plans declines to 98.4% in fiscal 2023: report

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…

  • By: Staff
  • May 1, 2024 April 30, 2024
  • 09:00