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Canadian retirees are living on 62% of income

Canadian retirees are living on 62% of income

Canadian retirees are living on 62% of the income they had before retiring, according to a new report. The Sun Life Financial Retirement Now Report…

  • By: Staff
  • February 18, 2016 September 13, 2019
  • 09:15
48% off work for disability are not financially prepared

48% off work for disability are not financially prepared

Nearly half (48%) of Canadian employees off work due to disability said they are not financially prepared, according to new research. The 2015 RBC Insurance…

  • By: Staff
  • February 18, 2016 September 13, 2019
  • 09:00
Pension Funds Plan Governance Overhaul

Pension Funds Plan Governance Overhaul

92% seeking to upgrade governance model within 12 months: State Street.

CPP to be expanded within the year

CPP to be expanded within the year

The Canada Pension Plan will be enhanced in 2016, says federal Finance Minister Bill Morneau. “Our goal is to work together with all provinces and…

  • By: Staff
  • February 17, 2016 September 13, 2019
  • 11:45
ORPP delay welcomed, but more support needed

ORPP delay welcomed, but more support needed

The Ontario Chamber of Commerce and the Canadian Federation of Independent Business are just two of the organizations encouraged by the provincial government’s announcement Tuesday…

Carproof engages employees in nutrition

Carproof engages employees in nutrition

Carproof kicked off its annual nutrition awareness campaign last week, beginning with the first in a series of live healthy cooking demos. The theme of nutrition is one of…

92% of pension funds plan to upgrade governance: report

92% of pension funds plan to upgrade governance: report

The vast majority (92%) of pension funds are planning to upgrade their governance model over the next 12 months, according to new research by State…

46% of U.S. employers offer workplace trauma support

While 53% of working Americans have experienced a traumatic event while on the job, less than half (46%) said their employer offered them support to…

Co-op Atlantic staff facing 30% pension reduction

Co-op Atlantic staff facing 30% pension reduction

Some 1,200 employees and retirees of Co-op Atlantic are facing a 30% reduction in their pension. According to pension administrator Eckler, which was appointed after Co-op Atlantic filed…

  • By: Staff
  • February 16, 2016 September 13, 2019
  • 16:34
ORPP delay a ‘wise’ move

ORPP delay a ‘wise’ move

The Association of Canadian Pension Management is welcoming today’s announcement of a one-year delay to the Ontario Retirement Pension Plan. “We welcome it,” says ACPM…

  • By: Glenn Kauth
  • February 16, 2016 September 13, 2019
  • 11:25
Brookfield out of running for Asciano acquisition

Brookfield out of running for Asciano acquisition

The Asciano board has unanimously recommended the Qube Consortium Proposal – which includes the The Canada Pension Plan Investment Board (CPPIB), Global Infrastructure Partners and CIC Capital…

Canadians’ retirement savings ‘wholly inadequate’

Canadians’ retirement savings ‘wholly inadequate’

The value of retirement assets of Canadians aged between 55 and 64 without an employer pension is “wholly inadequate” at an overall median value of just…

  • By: Staff
  • February 16, 2016 September 13, 2019
  • 09:59
Gallagher appoints Henry Toby

Gallagher appoints Henry Toby

Employee benefits consulting and brokerage firm Gallagher has appointed Henry Toby as senior vice president of group benefits and retirement for the Ontario region. In…

  • By: Staff
  • February 15, 2016 September 13, 2019
  • 09:10

Survey finds 95% of U.S. public pension funds employ investment consultants

More than 95 per cent of U.S. public pension funds employ at least one investment consultant, according to a new survey by Coalition Greenwich. The…

  • By: Staff
  • April 26, 2024 April 26, 2024
  • 15:45

Younger employees expect a 10% raise if unable to work in a hybrid arrangement: survey

Generation Z and millennials say they’d expect a 10 per cent salary increase, on average, if they were unable to work in a hybrid working…

  • By: Staff
  • April 26, 2024 April 26, 2024
  • 15:00

Top 5 HR, benefits, pensions and investment stories of the week

An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…

  • By: Staff
  • April 26, 2024 April 25, 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…