Health benefits claims paid out to support mental health rose 24% in 2020: CLHIA
Canadian insurers paid out more than $97 billion in benefits from life and health insurance products in 2020, according to the Canadian Life and Health…
Latest news in Capital accumulation plans
DC pension members prioritizing remuneration, ESG resolutions: survey
Governance-related resolutions are receiving more overall votes from defined contribution pension plan members, but environmental issues are more engaging on a vote-per-measure basis, according to…
- By: Staff
- September 14, 2021 September 14, 2021
- 12:00
CPPIB, Ontario Teachers’ among the world’s top 20 pension funds
The Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan are among the 20 largest pension funds in the world in terms of…
- By: Staff
- September 9, 2021 September 9, 2021
- 12:20
Income inequality reducing retirement security in U.S.: report
Income inequality in the U.S. is contributing to the growth of financial insecurity in retirement, exacerbated by a shift from pensions to individual 401(k) savings…
- By: Staff
- September 8, 2021 September 7, 2021
- 09:00
Which employers are finalists in the 2021 Workplace Benefits Awards?
Benefits Canada is pleased to announce the finalists of the 2021 Workplace Benefits Awards. This year’s entry and judging process took place during the second year of the coronavirus…
- By: Staff
- September 7, 2021 September 10, 2021
- 09:00
ESG integration hampered by pension plan sponsors, uncertainty around fiduciary duties: research paper
Board and executive-level efforts to integrate environmental, social and governance issues into pension plans’ investment strategies are frequently thwarted by unclear guidance from plan sponsors…
- By: Staff
- September 2, 2021 September 2, 2021
- 09:00
Positive DC plan investment outlook, returns may fuel early retirements: report
After the market rollercoaster ride of 2020, investors’ expectations have shifted considerably, and many are now looking for returns of 10.6 per cent above inflation…
- By: Staff
- August 17, 2021 August 17, 2021
- 09:00
Ontario Medical Association introducing new pension annuity offering
The Ontario Medical Association is helping its members save for retirement with a new guaranteed lifetime income annuity. Kayte Fredrickson, vice-president of insurance for the…
- By: Blake Wolfe
- August 16, 2021 August 16, 2021
- 09:00
Editorial: Pandemic just the latest challenge facing retirement readiness
Last year, Benefits Canada hosted its 2020 CAP Member Survey webinar just a few weeks after the World Health Organization declared the global coronavirus pandemic.…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 09:00
2021 Consultants Report: Pandemic changing plan sponsor, consultant relationships
The past year and a half has been characterized by marked change. The move to remote work, industry layoffs and the desire for more robust…
- By: Leah Golob
- August 13, 2021 August 11, 2021
- 08:56
2021 CAP Member Survey: How are CAP members faring during coronavirus?
For the past 15 years, Benefits Canada’s CAP Member Survey has taken the pulse of capital accumulation plan members’ retirement readiness, their knowledge, confidence and…
- By: Jennifer Paterson
- August 13, 2021 August 11, 2021
- 08:55
Market expansion a priority for DC pension consultants: survey
Market expansion in 2021 is a priority among Canada’s defined contribution pension consultants, according to a new survey by PIMCO Canada. The inaugural survey, conducted…
- By: Staff
- August 11, 2021 August 10, 2021
- 09:00
CLHIA calling for increased access to VPLAs, prescription drugs
The Canadian Life and Health Insurance Association is calling on the federal government to permit standalone variable payment life annuities to pool participants from all…
- By: Staff
- August 9, 2021 August 9, 2021
- 15:00
Vale mine workers ending strike after winning pension, benefits increases
The first strike at Vale Canada in more than a decade is drawing to a close after unionized workers at the Sudbury, Ont., mine ratified a collective…
- By: The Canadian Press
- August 9, 2021 August 9, 2021
- 09:00
George Hull Centre joining CAAT’s DBplus pension
The George Hull Centre for Children & Families is joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The Toronto-based non-profit organization previously…
- By: Staff
- August 5, 2021 August 5, 2021
- 15:00
CAPSA developing multi-jurisdictional VPLA framework for DC pension plans
The Canadian Association of Pension Supervisory Authorities is developing a framework for defined contribution pension plans to offer variable payment life annuities. In developing the…
- By: Staff
- August 4, 2021 August 3, 2021
- 09:00
Canada’s pension plan sponsors prioritizing governance, but more work to be done: survey
While the majority of Canadian pension and retirement savings plan sponsors view governance as a top priority, 24 per cent said they haven’t conducted a…
- By: Blake Wolfe
- August 3, 2021 August 3, 2021
- 09:00
FSRA issuing guidance on pension plan administrator responsibilities
The Financial Services Regulatory Authority of Ontario is releasing final interpretation guidance to support the role and responsibilities of pension plan administrators. The guidance, an updated…
- By: Staff
- July 30, 2021 July 29, 2021
- 09:00
More plan sponsors meeting members’ retirement goals in 2021: survey
A majority (72 per cent) of plan sponsors believe their retirement savings plan is meeting its goals this year, up from roughly 66 per cent…
- By: Staff
- July 29, 2021 July 29, 2021
- 09:00
How Willful is using benefits, flexibility and perks to attract top talent in tight labour market
While many organizations had to press pause on their hiring plans at the start of the coronavirus pandemic, Willful, a Canadian online estate planning company,…
- By: Lauren Bailey
- July 28, 2021 July 28, 2021
- 09:00
Rio Tinto workers striking over pension plan, retirement benefits
About 900 employees at Rio Tinto Group’s aluminum smelting facilities in Kitimat, B.C. are on strike after Unifor Local 2301 and the company failed to…
- By: Staff
- July 27, 2021 July 26, 2021
- 09:00
64% of DC plan sponsors looking to improve financial wellness programs: survey
The majority (64 per cent) of consulting and advisory firms said their plan sponsor clients are looking to improve financial wellness programs, according to a…
- By: Staff
- July 22, 2021 July 22, 2021
- 09:00
Expert panel: How plan sponsors can help make retirement, pensions more equitable
Diversity, equity and inclusion is top of mind for many plan sponsors these days. And, while issues around retirement and pensions likely aren’t the key focus…
- By: Jason Malone
- July 13, 2021 July 13, 2021
- 09:00
Vale mine workers in Sudbury striking over cuts to drug coverage, retiree health benefits
More than 2,000 workers at a Vale nickel mine in Sudbury, Ont., are continuing their strike after their union, United Steelworkers Local 6500, rejected the…
- By: Lauren Bailey
- July 9, 2021 July 9, 2021
- 09:00
Pension membership on the rise in Canada: StatsCan
More than 125,000 Canadians became active members in a registered pension plan in 2019, according to a new report by Statistics Canada. It found the number…
- By: Staff
- July 7, 2021 July 7, 2021
- 15:00