Nova Scotia offers retirement fund top-ups to attract, retain physicians
The Nova Scotia government is offering to pay up to $15,000 a year into a new retirement benefits program for doctors in hopes the public…
Latest news in Capital accumulation plans
Expert panel: How will CAPSA’s risk management guideline impact pension plan administrators?
The Canadian Association of Pension Supervisory Authorities’ guideline for risk management provides that plan administrators should create a framework to identify, evaluate, manage and monitor…
- By: Gavin Benjamin
- October 17, 2024 October 16, 2024
- 09:00
Maple Leaf Foods, Unifor agreement includes pension, benefits gains
The union representing 60 employees at Maple Leaf Foods in Port Perry, Ont., has ratified a four-year collective agreement that includes pension and benefits gains.…
- By: Staff
- October 16, 2024 October 16, 2024
- 15:00
Top 5 HR, benefits, pension and investment stories of the week
An article on why employers that mandate onsite work could see increased employee turnover was the most-read story on BenefitsCanada.com this past week. Here are the…
- By: Staff
- October 11, 2024 October 10, 2024
- 09:00
2024 Top 50 DC Plans Report: How are plan sponsors using AI to affect pension member experience, savings outcomes?
The Co-operative Superannuation Society Pension Plan is in the middle of a years-long digital transformation that’s aiming to improve member experience. In addition to introducing…
- By: Kelsey Rolfe
- October 11, 2024 October 9, 2024
- 08:58
GM, Unifor agreement includes transition to CAAT DBplus pension plan, benefits gains
The union representing more than 1,300 employees at General Motors’ assembly plant in Ingersoll, Ont. has ratified a two-year collective agreement that includes pension and…
- By: Staff
- October 7, 2024 October 7, 2024
- 15:00
Canadian insurers paid out record $128BN in health, retirement benefits in 2023: CLHIA
Canada’s life and health insurers paid out a record $128 billion in health and retirement benefits last year, up from $114 billion in 2022, according…
- By: Staff
- October 3, 2024 October 1, 2024
- 15:00
Sounding Board: What employers need to know about CAPSA’s 2024 CAP guideline
After a two-year consultation period, the Canadian Association of Pension Supervisory Authorities released its 2024 guideline for capital accumulation plans in September. With a focus…
- By: James Pierlot
- October 3, 2024 October 1, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on how the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline will impact plan sponsors and members was the most-read story…
- By: Staff
- September 27, 2024 September 26, 2024
- 09:00
How CAPSA’s updated CAP guideline will impact plan sponsors, members
While the Canadian Association of Pension Supervisory Authorities’ updated capital accumulation plan guideline contains several key updates with regard to plan sponsor and member responsibilities,…
- By: Blake Wolfe
- September 24, 2024 September 24, 2024
- 09:00
Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
- By: Staff
- September 18, 2024 September 18, 2024
- 09:00
How employers can support female employees’ financial, retirement wellness
Brianne Collins, age 29, has worked as a senior copywriter at a large Toronto-based advertising agency for just over a year. Collins’ agency supports employee…
- By: Brooke Smith
- September 13, 2024 September 12, 2024
- 08:57
2024 CAP Member Survey: How CAPs are supporting employee financial wellness amid growing economic uncertainty
From 2016 to 2024, fewer plan members are confident they’ve saved enough for retirement. Indeed, Benefits Canada’s 2024 CAP Member Survey found plan members’ optimism…
- By: Blake Wolfe
- September 13, 2024 October 7, 2024
- 08:56
York University, YUFA agreement includes multiple benefits gains
The union representing more than 1,600 faculty, librarians, archivists and post-doctoral researchers at York University has ratified a three-year collective agreement that includes multiple benefits…
- By: Staff
- September 12, 2024 September 12, 2024
- 09:00
Wall Street rally helped boost 401(k) gains in first half of 2024: report
Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts. The average 401(k) plan balance stood at…
- By: Alex Veiga, the Associated Press
- September 5, 2024 September 5, 2024
- 15:00
CAP member outcomes continue to increase in Q2 2024: report
Capital accumulation plan members continued to see an uptick in their plan outcome for the second quarter of 2024, as gross income replacement ratios remained…
- By: Staff
- August 14, 2024 August 14, 2024
- 15:00
How employers can support working grandparents’ financial wellness, retirement readiness
Working grandparents who are providing financial support to children and/or grandchildren are risking their own plans for retirement, says Craig Bannon, director of financial planning…
- By: Sadie Janes
- August 9, 2024 August 9, 2024
- 09:00
Head to head: Is it time to retire the term ‘retirement?’
One actuary says social and technological factors are changing the concept of retirement, while another notes the fundamentals remain the same. Michel St-Germain, retired actuary, fellow…
- By: Blake Wolfe
- August 9, 2024 August 7, 2024
- 08:59
2024 Consultants Report: Is there an inherent conflict of interest when consulting firms consolidate?
The consolidation of firms within the pension and benefits industries could pose a threat because there’s less choice available in terms of service providers, says…
- By: Sadie Janes
- August 9, 2024 August 19, 2024
- 08:57
What can the Canadian pension industry learn from U.S. CAP litigation?
While lawsuits against Canadian capital accumulation plans are virtually non-existent, U.S. pension litigation holds several lessons for plan sponsors that are based north of the…
- By: Blake Wolfe
- August 9, 2024 August 19, 2024
- 08:53
Ontario’s proposed amendment to succession law could create confusion around pension matters: ACPM
The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed amendment to the Succession Law Reform Act doesn’t introduce unintended confusion…
- By: Staff
- August 7, 2024 August 7, 2024
- 15:00
What should employers know about Quebec’s pension legislation?
Businesses that are planning to establish themselves in Quebec by way of expansion or acquisition should be aware of some unique aspects of the province’s…
- By: Julius Melnitzer
- August 2, 2024 August 5, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article detailing how Canada’s exemplary pension regulatory system is helping to safeguard plans from mismanagement was the most-read story on BenefitsCanada.com this week. Here…
- By: Staff
- August 2, 2024 August 1, 2024
- 09:00
LCBO, OPSEU agreement includes multiple benefits gains
The union representing employees of the Liquor Control Board of Ontario has ratified a three-year collective agreement that includes multiple benefits gains, ending a two-week…
- By: Staff
- July 30, 2024 July 29, 2024
- 09:00
Demand for in-plan annuity options growing among U.S. workers, employers: report
Seven in 10 U.S. workers between the ages of 40 and 80 with at least $100,000 in investable assets say they’d be “very” or “somewhat”…
- By: Staff
- July 29, 2024 July 29, 2024
- 15:00