Top 5 HR, benefits, pension and investment stories of the week
An article on the impact of U.S. President-elect Donald Trump’s tariff threats and Prime Minister Justin Trudeau’s resignation on financial markets was the most-read story…
Latest news in Governance/legislation
France’s new PM says he’ll renegotiate contested plan to raise retirement age
France’s new Prime Minister François Bayrou announced this week the renegotiation of a contested plan raising the retirement age from 62 to 64, in a…
- By: Sylvie Corbet, The Associated Press
- January 16, 2025 January 15, 2025
- 15:00
Verizon’s US$5.9BN pension risk transfer faces lawsuit alleging breach of fiduciary duties
Verizon Communications Inc. is facing a lawsuit by retirees alleging the organization breached its fiduciary duties and engaged in prohibited transactions when it completed a…
- By: Staff
- January 16, 2025 January 16, 2025
- 09:00
CPPLC prioritizing employee financial literacy, retirement readiness in 2025
Promoting employee financial awareness and retirement readiness amid the rising cost of living is a priority for the Canadian Public Pension Leadership Council in 2025,…
- By: Blake Wolfe
- January 14, 2025 January 15, 2025
- 09:00
Amazon facing lawsuit over use of forfeited 401(k) funds, potential violation of ERISA
Amazon.com is facing a lawsuit that claims the company violated U.S. federal law by using nearly US$350 million in forfeited 401(k) funds to offset the company’s…
- By: Staff
- January 10, 2025 January 9, 2025
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on the issues that Canadian pension plan sponsors are considering in 2025 was the most-read story on BenefitsCanada.com this past week. Here are…
- By: Staff
- January 10, 2025 January 9, 2025
- 09:00
Feds’ report dismisses Alberta’s CPP entitlement, offers formula to calculate potential exit: expert
While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than…
- By: Bryan McGovern
- January 9, 2025 January 8, 2025
- 11:00
VPLAs, target-benefit pension legislation among CIA’s 2025 priorities
Variable payment life annuities and the impact of gender identity on actuarial standards are among the issues the Canadian Institute of Actuaries is monitoring in…
- By: Blake Wolfe
- January 9, 2025 January 9, 2025
- 09:00
Lawsuit alleges feds prevented part-time RCMP officers from buying back into pension plan
The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time…
- By: Julius Melnitzer
- January 8, 2025 January 7, 2025
- 09:00
Effective AI integration requires customization effort from pension plan sponsors: report
User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report…
- By: Staff
- January 7, 2025 January 7, 2025
- 09:00
Expert panel: Regulatory guidelines, geopolitical risk impacting pension plan sponsors in 2025
With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…
- By: Gavin Benjamin
- January 6, 2025 January 6, 2025
- 09:00
TTC Pension Plan appointing Heather Wolfe as CEO
The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…
- By: Staff
- January 3, 2025 January 3, 2025
- 14:00
FSRA monitoring target-benefit framework, pension risks in 2025
The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…
- By: Bryan McGovern
- January 2, 2025 January 2, 2025
- 11:00
Top 10 HR, benefits, pension and investment stories of 2024
From the unlocking of pension benefits in Nova Scotia to new pay transparency rules in Ontario, stories about pension and employment legislation caught the eyes…
- By: Staff
- December 23, 2024 December 19, 2024
- 09:00
Top 5 HR, benefits, pension and investment stories of the week
An article on the federal government’s decision to transfer a $1.9 billion public pension surplus to general revenue was the most-read story on BenefitsCanada.com this…
- By: Staff
- December 20, 2024 December 19, 2024
- 09:00
Expert panel: Building a more effective pension system for Canada’s private sector workers
According to Statistics Canada, 80 per cent of Canadian public sector workers benefit from a respectable, life-long pension. However, for many private sector employees the…
- By: Sebastien Betermier
- December 19, 2024 December 20, 2024
- 11:00
Feds’ decision to transfer $1.9BN public pension surplus to general revenue within its purview: expert
The federal government’s recent decision to transfer a $1.9 billion surplus from the Public Service Pension Plan to its general revenue is within its purview, says…
- By: Sadie Janes
- December 16, 2024 December 16, 2024
- 09:00
Ottawa to remove 30% investment cap for Canadian pension funds
Finance Minister Chrystia Freeland says today’s fall economic statement will remove the cap that currently restricts Canadian pension funds from owning more than 30 per…
- By: The Canadian Press
- December 13, 2024 December 16, 2024
- 14:30
Top 5 HR, benefits, pension and investment stories of the week
An article about the National Institute on Ageing’s report on missing pension plan members was the most-read story on BenefitsCanada.com this past week. Here are the…
- By: Staff
- December 13, 2024 December 12, 2024
- 09:00
Editorial: Challenges and opportunities amid an increasingly imbalanced generational divide
The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…
- By: Jennifer Paterson
- December 13, 2024 December 12, 2024
- 08:59
Head to head: Should Canadian pension funds be incentivized to invest domestically?
While both experts point to the obligation of the pension promise, one argues that many pension funds are already overweight in Canadian allocations, while the…
- By: Benefits Canada
- December 13, 2024 December 12, 2024
- 08:58
2024 CAP Suppliers Report: How can employers, pension industry support retirement needs of gig workers?
As gig workers make up a greater share of the Canadian workforce, a lack of retirement savings options may leave this growing demographic facing financial…
- By: Leah Golob
- December 13, 2024 December 12, 2024
- 08:56
Making sustainable investments count at five New York City pension funds
Brad Lander is advocating for public pension funds to enforce their responsible investment mandates even if that pits them against their partners. As New York…
- By: Bryan McGovern
- December 13, 2024 December 12, 2024
- 08:55
OMERS facing first governance review in more than 10 years
An independent review of the Ontario Municipal Employees’ Retirement System will examine the unique governance structure of the investment organization. The current structure of the…
- By: Bryan McGovern
- December 12, 2024 December 12, 2024
- 11:00
PBSA amendments must clarify role of pension disclosure requirements: PIAC
Amendments to the federal Pension Benefits Standards Act must go beyond reporting transparency and clarify how additional disclosure requirements help monitor the health of Canadian…
- By: Staff
- December 10, 2024 December 6, 2024
- 09:00