NIA addressing issue of missing pension plan members with new report
The National Institute on Ageing is addressing the issue of missing pension plan members, in a new report highlighting the challenges faced by plan administrators…
Top Stories in Pensions
Top 5 HR, benefits, pension and investment stories of the week
An article on the impact of Canadian pension income on federal and provincial tax revenues was the most-read story on BenefitsCanada.com this past week. Here…
- By: Staff
- December 6, 2024 December 5, 2024
- 09:00
OMERS, UPP plan members to receive full inflation protection in 2025
The Ontario Municipal Employees’ Retirement System is reporting inflation adjustment of 2.61 per cent, providing plan members with full inflation protection in 2025. The adjustment…
- By: Staff
- December 5, 2024 December 6, 2024
- 15:00
Global pension plan sponsors’ assets reach US$63.1 trillion in 2023, offset by decrease in equities: report
While global pension plan sponsors’ assets grew by 10 per cent to reach US$63.1 trillion in 2023, this value is still five per cent lower…
- By: Staff
- December 4, 2024 December 3, 2024
- 09:00
So long foosball, hello savings: How work perks are evolving amid the rising cost of living
The workplace programs, tools and supports that employees value have changed over the last four years, leading many employers to pause certain office perks, such…
- By: Lauren Bailey
- December 3, 2024 December 2, 2024
- 09:00
Canadian pension income adding $24.5BN to federal coffers in 2025: report
Workplace pension income will add $24.5 billion to federal coffers and $16.8 billion to the provinces in 2025, according to a new report by the…
- By: Staff
- November 29, 2024 November 28, 2024
- 09:00
UAP supporting financial wellness with retirement toolkit
UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…
- By: Blake Wolfe
- November 29, 2024 November 28, 2024
- 09:00
Employer-sponsored pension plans supporting increased employee productivity: survey
While nine in 10 (85 per cent) employers that reported decreased employee productivity over the past year cited burnout as a major problem, investing in…
- November 28, 2024 November 28, 2024
- 15:00
Average funded status of Ontario DB pension plans at 121% in Q3 2024: report
The average funded position of defined benefit pension plans in Ontario was 121 per cent in the third quarter of 2024, down just two per…
- By: Staff
- November 28, 2024 November 27, 2024
- 09:00
More clarity, flexibility needed in solvency reserve accounts for federally regulated DB pension plans: ACPM
An amendment to the federal Pension Benefit Standards Regulations that would establish solvency reserve accounts for federally regulated defined benefit pension plans requires additional clarity…
- By: Staff
- November 27, 2024 November 26, 2024
- 09:00
BCFSA appointing Tolga Yalkin as CEO, CSO
The British Columbia Financial Services Authority is appointing Tolga Yalkin as chief executive officer and chief statutory officer, effective Jan. 13, 2025. Yalkin succeeds Blair Morrison and…
- By: Staff
- November 26, 2024 November 27, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how a national drug pooling program would impact employer-sponsored benefits plans was the most-read story on BenefitsCanada.com this past week. Here are…
- By: Staff
- November 22, 2024 November 21, 2024
- 09:00
DB pension plan sponsors facing “bottleneck” in annuities market: expert
Increased deal-making in the Canadian annuities market is adding pressure to defined benefit plan sponsors seeking to de-risk their plans, says Jason Vary, president of…
- By: Bryan McGovern
- November 21, 2024 November 21, 2024
- 11:00
Editorial: Prioritizing plan sponsor perspectives
The weather is shifting, with the wet November wind blowing away the crisp October sunshine. While this time of year is characterized by the change…
- By: Jennifer Paterson
- November 15, 2024 November 13, 2024
- 09:00
Head to head: Are employers’ financial literacy initiatives translating into reality?
One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…
- By: Benefits Canada
- November 15, 2024 November 13, 2024
- 08:59
How Meridian’s financial wellness offerings benefit employees, organization as a whole
As a financial institution that provides banking and wealth management services to customers, Meridian Credit Union ensures it also offers employees a comprehensive suite of…
- By: Sadie Janes
- November 15, 2024 November 13, 2024
- 08:58
Legislation blocking ammunition investments could limit overall investment landscape in Canada: PIAC
The Pension Investment Association of Canada, alongside the Canadian Life and Health Insurance Association and the Portfolio Management Association of Canada, is asking the Senate to…
- By: Staff
- November 20, 2024 November 19, 2024
- 15:00
Former PM Stephen Harper appointed as AIMCo chair
Former prime minister Stephen Harper is the new chairman of the Alberta Investment Management Corp. The move comes almost two weeks after the province’s finance…
- By: Lisa Johnson, the Canadian Press
- November 20, 2024 November 20, 2024
- 15:00
Leadership changes at the AIMCo could impact credibility, independence: expert
The swift removal of the chief executive officer, three executives and the 11-person board at the Alberta Investment Management Corp. is a dramatic move that…
- By: Bryan McGovern
- November 19, 2024 November 15, 2024
- 09:00
How CAPSA’s fee transparency guidance is impacting plan sponsors
The Canadian Association of Pension Supervisory Authorities’ new plan sponsor guidelines surrounding investment fee transparency are a good first step, but require further development to…
- By: Blake Wolfe
- November 14, 2024 November 13, 2024
- 09:00
Nova Scotia to allow unlocking of pension benefits
The Nova Scotia government is updating the provincial Pension Benefits Act to allow the unlocking of pension benefits. Effective April 1, 2025, plan members aged…
- By: Staff
- November 11, 2024 November 8, 2024
- 09:00
2024 DC Investment Forum: Financial advice ‘paramount’ to DC plan members’ success as they save for, enter retirement
Canadian defined contribution plan members’ knowledge of target-date funds is lacking and it may point to a larger issue: the stakes set for member investment…
- By: Kelsey Rolfe
- November 6, 2024 November 4, 2024
- 07:55
Amazon Canada’s new estate planning benefit key to financial wellness win
Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…
- By: Bryan McGovern
- October 28, 2024 November 6, 2024
- 09:00
Admiral Insurance’s benefits program awarded for balancing innovation, sustainability
Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…
- By: Lauren Bailey
- October 25, 2024 November 6, 2024
- 09:00
How Ontario pay transparency legislation will impact employers
As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00