Scotiabank is appointing Jason Traetto as vice-president of global pensions and benefits. In the new role, he’ll lead the bank’s commitment to the total well-being…
While the traditional markets of asset-based finance, such as mortgages and automobile loans, are mature, the non-traditional ones, such as point-of-sale transactions and home improvement…
A stigma around the use of leverage by a pension plan is magnified if the organization is facing funding issues, said Brandon Weening, executive vice-president…
Increasing periods of heightened volatility are demanding composure and trust from investment professionals for their long-term roadmap, according to Josée Mondoux (pictured middle), chief investment…
An article on how pension plan sponsors can manage risk amid economic and geopolitical instability was the most-read story on BenefitsCanada.com this past week. Here…
The funded position of a typical Canadian defined benefit pension plan increased slightly both on a solvency and accounting basis in April, according to Telus…
Risk management continues to be one of the hottest topics in the pension industry for a number of reasons, including the uncertainty caused by the…
An article on how diversity, equity and inclusion strategies are changing was the most-read story on BenefitsCanada.com this past week. Here are the top five…
The Medicus Pension Plan is reporting a 152 per cent funded status on a going-concern basis and a 120 per cent funded status on a…
The Association of Canadian Pension Management is recommending a few amendments to the Pension Benefits Standards Act, including the required disclosure to spouses and electronic…
An article on the Association of Canadian Pension Management’s call for modernized pension legislation in Alberta was the most-read story on BenefitsCanada.com this past week.…
More than 8,300 workers will have lost their job and some benefits by the time Hudson’s Bay Co. closes all of its stores at the…
The Association of Canadian Pension Management is calling on the Alberta government to modernize its provincial pension legislation and align its laws with other Canadian…
Yellow Pages Ltd. is transferring $210 million in defined benefit pension liabilities through a group annuity contract with BMO Insurance. According to a press release,…
U.S. meatpacking workers are getting their first new defined benefit pension plan in nearly 40 years under a contract agreement between Brazil-based JBS, one of…
An article on how employers are supporting working parents and caregivers was the most-read story on BenefitsCanada.com this past week. Here are the top five…
Canadian defined benefit pension plan sponsors have an average per-member administration cost of US$165, according to a new report by CEM Benchmarking Inc. The report,…
More than half (58 per cent) of Ontario employees say retirement planning should go beyond financial wellness and encompass physical and mental health and social…
An article that examined an Ontario court’s ruling on an employer’s termination clause was the most-read story on BenefitsCanada.com this past week. Here are the…
The funded position of a typical Canadian defined benefit pension plan decreased both on a solvency and accounting basis in March, according to Telus Health’s…
An article on a lawsuit filed by Ontario Provincial Police recruits against the Ontario Municipal Employees Retirement System and the Ontario Pension Board was the…
The benefits of artificial intelligence go hand in hand with the many risks, but the pension industry’s requirements around fiduciary responsibility and governance, as well…
A group of former municipal police officers who were recruited by the Ontario Provincial Police have launched multi-million-dollar lawsuits against the Ontario Municipal Employees Retirement…
The median solvency ratio for Ontario defined benefit pension plans remained stable at 122 per cent in the fourth quarter of 2024, according to a…
An article on how incoming health-care legislation could impact plan sponsors’ virtual care offerings was the most-read story on BenefitsCanada.com this past week. Here are…