Pensions Page 103

Top Stories in Pensions

Furloughed WestJet workers demand clarity on wage subsidy program amid pay cut

WestJet, Unifor agreement includes retirement gains, sick days

The union representing nearly 800 employees at Calgary and Vancouver airports has ratified a first contract that includes retirement and benefits gains. The contract cements…

Ayman Alvi promoted to VP, global pension and benefits at Scotiabank

Scotiabank has promoted Ayman Alvi to vice-president of global pension and benefits. Alvi joined the bank in 2019 as director of global benefits. Previously, he…

  • By: Staff
  • August 5, 2022 August 4, 2022
  • 09:00
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Top 5 HR, benefits and pension stories of the week

An article on a ruling against the Blue Cross Life Insurance Co. of Canada and how it could affect long-term disability premiums was the most-read…

  • By: Staff
  • August 5, 2022 August 5, 2022
  • 09:00

Sun Life selling U.K. pension and annuities business

Sun Life Financial Inc. is selling its U.K. pension and annuities business. The company has entered an agreement to sell SLF of Canada U.K. Ltd.…

  • By: Staff
  • August 5, 2022 August 5, 2022
  • 09:00

PIAC providing feedback on ISSB’s sustainability, climate change exposure drafts

The Pension Investment Association of Canada is providing feedback on the International Sustainability Standard Board’s exposure drafts on disclosure of financial information pertaining to sustainability…

  • By: Staff
  • August 4, 2022 January 24, 2024
  • 09:00

Banks failing to provide vital climate insights: institutional investor group

Banks must provide institutional investors with more information on climate strategies, according to the head of an organization of European pension funds and asset managers…

  • By: Staff
  • August 2, 2022 July 31, 2022
  • 12:00
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Canadian pension funds receive top scores in transparency benchmark

The Canada Pension Plan Investment Board is the world’s most transparent pension fund, according to the global pension transparency benchmark, a collaboration between Top1000funds.com and…

  • By: Staff
  • August 2, 2022 August 2, 2022
  • 11:00
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Brown and Caldwell leveraging employee ownership model with 5% raise amid inflation, tight labour market

Brown and Caldwell is recognizing employees’ hard work and resilience over the last two years with a company-wide salary increase. In July, the engineering consultancy…

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Trader Joe’s employees form union, citing concerns about health benefits, pay

On Thursday, employees at a Trader Joe’s supermarket in Massachusetts became the latest workers at a major company to approve a labour union. The store…

Top 5 HR, benefits and pension stories of the week

An article on Public Health Sudbury’s violation of the Ontario Human Rights Code following an employee’s termination over a vaccine refusal was the most-read story…

  • By: Staff
  • July 29, 2022 July 29, 2022
  • 09:00
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Rejected by courts, U.S. retirees take last shot to save pensions

Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance…

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U.K. government proposing rules requiring DB pensions to share investment strategies

The U.K. government is proposing new rules requiring defined benefit pension plan sponsors to provide regulators with a summary of their investment strategies. Under the proposed…

  • By: Staff
  • July 28, 2022 July 28, 2022
  • 11:00

OAS increase an opportunity for employees to consider delaying retirement: expert

While old-age security has permanently increased by 10 per cent for seniors aged 75 and older, employees can maximize this benefit, along with their Canada…

Combining innovations in DC plan design can dramatically improve retirement readiness: report

The combination of several innovations in defined contribution pension plan design can dramatically improve retirement readiness across income levels, according to a new report by…

Top 5 HR, benefits, pension and investment stories of the week

An article on British Columbia’s updated pension standards, including the introduction of auto-escalation for defined contribution pension plans, was the most-read article on BenefitsCanada.com this past…

CAP outcomes decreasing amid market volatility, geopolitical tensions: report

Retirement income outcomes for capital accumulation plan members dipped in the first quarter of 2026, amid market volatility and ongoing geopolitical tensions, according to a…

  • By: Staff
  • May 5, 2026 May 4, 2026
  • 15:00

Ontario pension plan assets grow to $916 billion, membership reaches 4.8 million: FSRA

Pension plan membership in Ontario increased year-over-year to 4.8 million in 2025 and David Bartucci, head of pension plan operations and regulatory effectiveness at the…

B.C. amending pension legislation, including auto-escalation for DC plans

British Columbia’s provincial government is updating its pension standards to support retirement income security and flexibility, including the introduction of automatic escalation for defined contribution…

  • By: Staff
  • May 4, 2026 May 1, 2026
  • 09:00

U.S. executive order aims to help more people get retirement savings plans

U.S. President Donald Trump signed an executive order on Thursday calling for a new government website where people in the U.S. can find and compare private-sector retirement savings accounts.…

OPB communicating long-term strategic direction through interactive online page

The Ontario Pension Board is communicating its long-term strategic plan to members through a new interactive online page. The platform, dubbed ‘On the Horizon’, is…

Editorial: To save for the short term or long term, that is the question

In times of increased economic uncertainty, the number of tough financial choices facing the average person seems to rise exponentially. Clashing priorities battle it out:…

PepsiCo Canada enhances financial wellness strategy with personalized platform

PepsiCo Canada may be known for quenching thirst and satisfying snack cravings, but the organization’s leadership recently identified another kind of demand: clearer, more personalized…

Amazon Canada’s new estate planning benefit key to financial wellness win

Amazon Canada’s commitment to unique financial wellness offerings led to a win at Benefits Canada‘s 2024 Workplace Benefits Awards on Oct. 18. The technology company was…

Admiral Insurance’s benefits program awarded for balancing innovation, sustainability

Admiral Insurance’s award-winning benefits program is demonstrating how employers can use versatility to strike a fine balance between finding innovative solutions and maintaining plan sustainability. The…

How Ontario pay transparency legislation will impact employers

As Ontario prepares to introduce pay transparency legislation, it’s important for employers to consider how much information they want to share in job postings, says…

  • By: Sadie Janes
  • December 4, 2023 December 1, 2023
  • 09:00