Home News Page 768

Top Stories in News

When to tap into CPP and OAS benefits

When to tap into CPP and OAS benefits

When you reach the cusp of retirement, you’re no doubt aware the Canada Pension Plan and Old Age Security provide much of the financial bedrock…

U.S. financial workers most likely to work from home, statistics show

U.S. financial workers most likely to work from home, statistics show

Last year, a significant minority of U.S. workers in the management, business and financial sectors (38 per cent) and the professional occupations (35 per cent)…

  • By: Staff
  • July 15, 2016 September 13, 2019
  • 10:30
Sounding Board: A look at B.C. College Pension Plan’s reform efforts

Sounding Board: A look at B.C. College Pension Plan’s reform efforts

With 25,000 members and $4 billion in assets, British Columbia’s College Pension Plan is by far the smallest of the province’s four multi-employer public sector…

Do employees want benefits for their pets?

Do employees want benefits for their pets?

Office snacks, casual Fridays, birthdays off — and pet insurance? Employers seeking to get a competitive edge with prospective employees have lots of options when…

CPP expansion will do little to boost rate of return: report

CPP expansion will do little to boost rate of return: report

The expanded Canadian Pension Plan will bring only a slightly higher rate of return for retirees — 2.5 per cent in the expanded plan compared…

  • By: Jann Lee
  • July 14, 2016 September 13, 2019
  • 11:58
U.S. proposes modernizing annual return forms for pensions and benefits plans

U.S. proposes modernizing annual return forms for pensions and benefits plans

The U.S. Department of Labor, the Internal Revenue Service and the Pension Benefit Guaranty Corporation are seeking public comments on proposed revisions to modernize and…

  • By: Staff
  • July 14, 2016 September 13, 2019
  • 09:14

CPPIB, Wolf to pay $1.4B for ownership in Alberta pipeline

The Canada Pension Investment Board and Wolf Midstream Inc. have signed an agreement to acquire a 50 per cent ownership of a pipeline in northeastern…

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

Pension regulatory reform on the agenda as Ontario considers experts’ recommendations

More rule-making powers for a new regulator touted in a recent report to take over the duties of the Financial Services Commission of Ontario should…

Almost half of working-age Canadians not saving for retirement: report

Almost half of working-age Canadians not saving for retirement: report

Nearly half (48 per cent) of working-age Canadians are not saving for retirement, according to a global report by HSBC. The report, which surveyed more…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 10:36
Caisse to increase stake in water treatment company Ovivo

Caisse to increase stake in water treatment company Ovivo

The Caisse de dépôt et placement du Québec and German investment company SKion will acquire the water treatment company Ovivo for $4 in cash per…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 09:45
IBM ordered to pay $23M to staff in connection to pension change

IBM ordered to pay $23M to staff in connection to pension change

IBM has been ordered to pay more than $23 million to 451 active and retired employees of its plant in Bromont, Que., a decade after…

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks increases health benefits, stock plan and pay for U.S. employees

Starbucks is launching an online health benefits platform, doubling its annual stock award program and raising base pay by at least five per cent for…

Women 80% more likely to be in poverty after retiring than men: study

Women 80% more likely to be in poverty after retiring than men: study

The average income for American women age 65 and older is 25 per cent lower than for American men in the same age group, according…

  • By: Staff
  • July 13, 2016 September 13, 2019
  • 08:36

Canadians’ happiness with work-life balance, employer support increases in April: survey

Canadians’ happiness in the workplace increased to 6.8 points out of 10 in April, up slightly from 6.6 in March, according to a new survey by…

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 15:00

Young Canadian employees have lowest levels of well-being: report

Among working generations of Canadians, employees aged 20 to 29 have the lowest general well-being, reporting a score of 46.9 out of 100, according to…

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 09:00

73% of OPB plan members want ESG considerations included in investment decisions: survey

Roughly seven in 10 (73 per cent) Ontario Pension Board plan members believe environmental, social and governance factors should play a critical role in the…

  • By: Staff
  • April 25, 2024 April 24, 2024
  • 09:00

WISE Trust returns 7.9% in 2023, net assets increase to $4 billion

The Workplace Insurance and Safety Employees Trust generated a net return of 7.9 per cent in 2023, with net assets reaching $4 billion, up from…

  • By: Staff
  • April 23, 2024 April 23, 2024
  • 15:00

Expert panel: How institutional investors are adapting to a post-pandemic global economy

Renowned American businessman and investor Charlie Munger once said, “You have to keep learning if you want to become a great investor. When the world…

Average funded ratio of Canadian DB pension plans up 7% in Q1 2024: report

The funded ratio of the average Canadian defined benefit pension plan, excluding the effect of asset smoothing, reached 124 per cent as at March 31,…

  • By: Staff
  • April 23, 2024 April 22, 2024
  • 09:00