High inflation and interest rates are having a real impact on people’s finances, according to Benefits Canada‘s 2023 CAP Member Survey, which found 76 per…
The federal government is launching a consultation on draft amendments to pension legislation pertaining to the transfer of unclaimed benefits for missing plan members. Under…
An article on Toyota Motor Manufacturing Canada’s gender affirmation coverage was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular…
In 2000, the federal government announced same-sex partners of Canada Pension Plan beneficiaries could claim survivor benefits, as long as their bereavement had occurred no…
The Quebec Court of Appeal has ruled the province’s Bill 15, which substantially modified municipal sector pension plans, is unconstitutional with respect to retirees but…
The Association of Canadian Pension Management is urging the Ontario government to ensure its proposed rules for multi-employer target-benefit pension plans don’t undermine existing incentives that enable…
The Association of Canadian Pension Management is asking the federal government to consider changes in proposed amendments to the Pension Benefits Standards Act and Pooled…
Changes to tax rules can improve Canadians’ retirement security and make the retirement system more equitable, according to a new report by the C.D. Howe…
At the beginning of April, the OPSEU Pension Trust made a change to a definition in its plan text that will have meaningful implications for…
The Local Authorities Pension Plan Corp. is appointing Troy Mann as president and chief executive officer. He joins the Edmonton-based organization from the Alberta Pensions…
Generation Z (28 per cent), millennial (25 per cent) and generation X (21 per cent) 401(k) members rank a lack of emergency savings as one…
An article on Saskatchewan’s Public Employees Benefits Agency transition to a not-for-profit corporation was the most-read story on BenefitsCanada.com over the last week. Here are…
The Fraser Institute’s president says Alberta’s newly elected premier should ride the wave of the United Conservative Party’s election win and move forward with exploring…
Saskatchewan’s Public Employees Benefits Agency is transitioning to a not-for-profit corporation. The PEBA began pursuing the transition in 2021 at the request of the trustees…
An article on seven questions that employers should ask as the coronavirus pandemic moves into an endemic phase was the most-read story on BenefitsCanada.com over…
An amendment to Manitoba’s Beneficiary Designation Act allows a pension plan member’s legal representative to now make a beneficiary designation on behalf of the member if…
In his session at the 2023 Global Investment Conference, Derek Dobson, the Colleges of Applied Arts and Technology pension plan’s chief executive officer, called back…
More than 20 U.K. pension organizations are forming an industry coalition to tackle pension inequalities. The Pensions Equity Group aims to increase the number of people…
An article on Amazon Canada’s ‘Dogs at Work’ program was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news…
While individual pension plans have been around since 1991, they aren’t being widely used by the people they’re designed to help and remain poorly understood…
The Association of Canadian Pension Management is urging Retraite Québec to provide additional flexibility in the funding of municipal and university defined benefit pension plans. In…
The largest administrator of private defined benefit and defined contribution pension plans in the U.K. is revealing details about a cyber attack that compromised the…
Wells Fargo has agreed to pay US$1 billion to settle a lawsuit filed by its two public sector pension plans that alleged the bank made…
Manitoba and Newfoundland and Labrador have officially ratified an agreement on multi-jurisdictional pension plans, which will come into effect on July 1. In March, the…
In 2022, the typical defined benefit pension plan achieved an investment return of roughly negative 12 per cent. However, due to dramatic increases in bond…