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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…

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,…

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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…

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…

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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
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Reliance Home Comfort, Unifor deal increases paid sick days, employer RRSP match

The 830 locked-out employees at Reliance Home Comfort sites in Ontario are heading back to work after their union ratified a new contract with the…

  • By: Staff
  • July 5, 2021 July 5, 2021
  • 15:00
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East coast companies among early adopters of new retirement savings platform

Two East coast companies are among the early adopters of a retirement savings platform for employers in the not-for-profit sector. Prince Edward Island Family Violence…

Meet the judges of the 2021 Workplace Benefits Awards

With the 2021 Workplace Benefits Awards’ nomination process drawing to a close in a couple of weeks, Benefits Canada is pleased to announce this year’s…

  • By: Staff
  • June 25, 2021 June 24, 2021
  • 09:00
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Transfer of assets to N.B.’s unclaimed property program could reduce burden on pension plans

The Association for Canadian Pension Management is urging New Brunswick’s Financial and Consumer Services Commission to ensure unclaimed entitlements from ongoing pension plans are eligible…

  • By: Staff
  • June 23, 2021 June 23, 2021
  • 15:00
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Amazon launching employee health programs in Canada

Amazon.com Inc. is launching a digital health-care platform for its Canadian employees. The My Wellbeing platform provides employees with access to a range of health-care…

Who are the winners of the inaugural Pension Leadership Awards?

Deadline extended for 2021 Workplace Benefits Awards

Benefits Canada is extending the deadline for entering the 2021 Workplace Benefits Awards to Wednesday, July 7. The annual awards, which will be held virtually on Oct. 14,…

  • By: Staff
  • June 21, 2021 June 21, 2021
  • 08:45

Majority of Canadian workers willing to take less pay for a workplace pension plan: survey

A majority (70 per cent) of Canadians say they’re willing to forgo a higher salary in exchange for a workplace pension plan, according to a…

Workplace Benefits Awards wins highlight investment in employees’ health, well-being

The TMX Group Ltd.’s double award win at Benefits Canada’s 2020 Workplace Benefits Awards is shining a spotlight on the organization’s efforts to support its…

Americans still saving via DC plans despite pandemic-fuelled uncertainty: report

Despite the uncertainty wrought by the coronavirus pandemic, Americans are continuing to save for retirement through defined contribution pension plans, according to new data from…

  • By: Staff
  • June 16, 2021 June 16, 2021
  • 15:00
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Indigenous, racialized seniors have less retirement security: report

Indigenous and racialized seniors have less retirement security and higher poverty rates than white seniors in Canada, according to a new report by the Canadian…

Financial market regulators highlighting focus on DC investment fees

Investment fees led the agenda at the Joint Forum of Financial Market Regulators’ annual meeting last week. This year, the forum engaged externally on investment fees,…

  • By: Staff
  • June 15, 2021 June 14, 2021
  • 15:00
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Nova Scotia providing residents with early access to retirement savings

Nova Scotia is allowing residents to apply directly to their financial institution to access their retirement savings when facing financial challenges. Under amendments to provincial…

  • By: Staff
  • June 15, 2021 June 16, 2021
  • 09:00
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New longevity pension fund offers decumulation option for plan sponsors

Purpose Investments Inc. is introducing a new longevity pension fund, which invests 50 per cent in equities and 50 per cent in fixed income. It…

2021 BPS coverage: How PCL is balancing benefits, pension decisions during coronavirus

With the majority of PCL Construction Ltd.’s workforce continuing to work at its Canada-wide job sites and offices throughout the coronavirus pandemic, the organization’s decisions…

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Workplace Benefits Awards win a big boost for 2020 pension winner

Receiving peer recognition for an innovative communications strategy was among the reasons the Co-operative Superannuation Society pension plan entered Benefits Canada‘s 2020 Workplace Benefits Awards, according…

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Saskatchewan Pension Plan appointing Shannan Corey to top job

Shannan Corey will succeed Katherine Strutt as the executive director of the Saskatchewan Pension Plan. A 30-year veteran of the pension sector, Corey most recently…

  • By: Staff
  • June 3, 2021 June 3, 2021
  • 09:30

FSRA three-year plan includes pension flexibility, transparency and innovation

The Financial Services Regulatory Authority of Ontario has unveiled its priorities for the next three years, including plans to reshape its supervisory role for the…

  • By: Staff
  • May 31, 2021 May 31, 2021
  • 09:15