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Brault & Martineau employees impacted by pension changes

Brault & Martineau employees impacted by pension changes

A breakdown in negotiations around a modified pension plan for warehouse workers of Brault & Martineau has resulted in the lockout of warehouse employees, according to…

  • By: Staff
  • February 29, 2016 September 13, 2019
  • 09:20
Paid sick leave to be extended to 800,000 U.S. employees

Paid sick leave to be extended to 800,000 U.S. employees

The Department of Labor has announced a proposed rule to implement a new executive order that would require employers that enter into covered contracts with…

  • By: Staff
  • February 29, 2016 September 13, 2019
  • 09:15
OMERS return drops to 6.7% in 2015

OMERS return drops to 6.7% in 2015

As a result of slow global growth, low interest rates and market volatility, the Ontario Municipal Employees Retirement System (OMERS) saw its net investment return…

What the Ontario Budget means for employers

What the Ontario Budget means for employers

Ontario Finance Minister Charles Sousa announced the province’s 2016 budget on Thursday, outlining a range of developments of interest to employers and benefit plan sponsors, including:…

  • By: Staff
  • February 26, 2016 September 13, 2019
  • 09:12
65% of employers see benefits communications as a high priority

65% of employers see benefits communications as a high priority

Educating employees about their benefits is a high priority for 65% of North American organizations, according to new research by the International Foundation of Employee…

SIPP deadline looms for Ontario pensions

SIPP deadline looms for Ontario pensions

Ontario pension plans registered before Jan. 1, 2016 must file their statement of investment policies and procedures (SIPP) by this coming Tuesday, March 1. For plans registered…

  • By: Staff
  • February 26, 2016 September 13, 2019
  • 08:34
Ontario Budget: Province to introduce PRPP changes

Ontario Budget: Province to introduce PRPP changes

Ontario is introducing changes to the Pooled Registered Pension Plans Act, 2015 as well as other legislative pension amendments as part of its 2016 budget,…

Ontario Budget: The ORPP pushes ahead, more details to come in spring

Ontario Budget: The ORPP pushes ahead, more details to come in spring

During its announcement of the 2016 Ontario Budget on Feb. 25, the provincial government said it’s on track to ensure that, by 2020, all eligible…

Ontario Budget: Redesigned public drug program to come by 2019

Ontario Budget: Redesigned public drug program to come by 2019

During its 2016 budget, the Ontario government said it will introduce a redesigned public drug program by 2019. As part of Ontario’s Patients First: Action Plan…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 17:50
Ontario Budget: WSIB reductions, income testing for benefits, streamlined benefits for the education sector

Ontario Budget: WSIB reductions, income testing for benefits, streamlined benefits for the education sector

During its 2016 budget announcement on Feb. 25, the Ontario government also clarified its plans for reducing future WSIB premiums, continuing its review of benefits…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 17:45
Ontario Budget: Government continues to consult on target benefit plans

Ontario Budget: Government continues to consult on target benefit plans

The Ontario government said it will continue to consult on all aspects of a target benefit multi-employer pension plans framework, including funding rules. In its…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 17:08
Ontario Budget: Province starts reviewing pension solvency rules

Ontario Budget: Province starts reviewing pension solvency rules

Less than two months after Quebec changed the funding rules for its private defined benefit pension plans, the government of Ontario says it will proceed…

Ontario Budget: Final report on modernization of pension plans to come this spring

Ontario Budget: Final report on modernization of pension plans to come this spring

A final report on modernizing and increasing accountability around the regulations of financial services and pension plans in Ontario is set to be released in…

  • By: Staff
  • February 25, 2016 September 13, 2019
  • 16:51

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