Hub International Ltd. is acquiring Ontario-based Benefit Broker Services Inc. Benefit Broker Services, which is located in Wallaceburg, Ont., is a provider of services related…
The Canadian Association of Pension Supervisory Authorities’ latest consultation is seeking feedback on amendments to its guideline No. 8 for defined contribution pension plans, focusing on considerations around…
There was a lot of news to share from the pension, investment, benefits and human resources industries this month. Here are the 10 most popular…
The vast majority (91.8 per cent) of British Columbia’s government employees were covered by a registered pension plan in 2017, compared to just 17.7 per…
Very few American pension funds are incorporating environmental, social and governance issues, according to a new survey by NEPC Investment Consultants. Just 12 per cent of…
The real solution for missing pension plan members is the establishment of a regime that allows plan sponsors to turn over unclaimed balances to a public…
This series of articles examines some actionable ideas to help plan administrators meet the Canadian Association of Pension Supervisory Authorities’ guideline No. 4. Following on from the…
As the average income replacement rate for capital accumulation plans continues to trend downwards, can employers mitigate this movement with the Canada Pension Plan’s incoming…
After several months of negotiations between Nova Scotia’s East Coast Credit Union and Unifor, 44 employees have voted in favour of strike action over the proposed closure…
From decumulation options to investment choice, capital accumulation plan members face several challenges when they reach retirement. On the decumulation front, many members leave their assets…
The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…
Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on…
Benefits like employer-paid registered retirement savings plan contributions are among payroll components to be subject to British Columbia’s new employer health tax. The B.C. government…
Plan sponsors often say they’re quite happy with their retirement savings plans. But is that position good enough to ensure an organization’s plan is competitive and…
Visitors to BenefitsCanada.com who type in a web address for a broken link will find a page with a lighthearted reply that reads: “Like a…
Ken Eady understands the challenges a defined benefit pension plan can present for plan sponsors, particularly when they find themselves in financial difficulty. “Healthy companies…
After nearly two months of strike action, Compass Minerals International Inc. and hourly workers at its mine in Goderich, Ont., remain at a stalemate in…
The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…
In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…
Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…
The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…
Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…
United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…
Blue Pier is introducing a new customized, fully outsourced workplace pension plan to encourage all employers to offer retirement savings programs to their employees. The…
As lobbying efforts intensify to keep Canadian Nuclear Laboratories’ employees in the public service pension, plans are moving ahead to convert a multi-union, multi-employer plan into a…