Pensions Page 105

Top Stories in Pensions

58% of Canadian pre-retirees contributing to retirement savings: survey

While more than half (58 per cent) of employees within 10 years of retirement are contributing to retirement savings, only about a third (30 per…

  • By: Staff
  • July 12, 2022 July 11, 2022
  • 09:00

Expert panel: How ESG-focused TDFs could impact workplace CAPs

With the increased focus on integrating environmental, social and governance factors into pension plans, a new approach by BlackRock Inc. could have a significant impact on…

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Biden’s Ohio visit spotlights effort to rescue troubled MEPPs

Reassuring frustrated blue-collar voters, U.S. President Joe Biden on Wednesday visited Ohio iron workers to highlight federal action to shore up troubled pension funding for…

CIFSC releases responsible investment framework for Canadian funds

The Canadian Investment Funds Standards Committee is releasing the final framework it will use to identify investment funds that disclose adopting responsible investing strategies. “Given…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 11:00

Quebec paramedics striking for lower DB pension plan retirement age, equitable pay

Paramedics from 40 ambulance services across Quebec are striking to lower the required retirement age for their defined benefit pension plan and for pay equity…

  • By: Staff
  • July 7, 2022 July 6, 2022
  • 09:00

Access to collective investment trusts will strengthen 403(b) retirement plans: report

U.S. employers offering 403(b) retirement plans will benefit from access to collective investment trusts, according to a report by the Defined Contribution Institutional Investment Association.…

  • By: Staff
  • July 6, 2022 July 6, 2022
  • 15:00
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Pensions, retirement security at heart of Timberland Equipment strike

More than 50 workers are on strike at Timberland Equipment Ltd. in Woodstock, Ont., after the company and the union failed to reach an agreement…

  • By: Staff
  • July 6, 2022 July 5, 2022
  • 09:00

U of T pension assets grew by 4.7 per cent in the first half of 2021: UTAM report

The pension plan for the faculty and staff of the University of Toronto grew from $6.3 billion to $6.6 billion in the first six months of…

  • By: Staff
  • July 5, 2022 July 8, 2022
  • 12:15
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IMCO unveils ESG strategy, discloses portfolio emissions

The Investment Management Corp. of Ontario is publishing its inaugural environmental, social and governance report, which includes an outline of its four-pronged ESG integration strategy.…

  • By: Staff
  • July 5, 2022 July 5, 2022
  • 12:00
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Canadian DB plans’ median solvency ratio increases to 109% in Q2: report

Despite year-to-date asset losses and historically high levels of inflation, most Canadian defined benefit pension plans are reporting increased funded positions in the second quarter…

  • By: Staff
  • July 5, 2022 July 4, 2022
  • 09:00
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Survey finds half of young U.S. employees withdrawing early from retirement savings

Half (49 per cent) of U.S. employees younger than age 34 are withdrawing early from an individual retirement account or 401(k), according to a new…

  • By: Staff
  • July 5, 2022 July 4, 2022
  • 09:00
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French election results scuttle Macron’s hopes for pension reform

French president Emmanuel Macron’s efforts to reform his country’s pension system have been set back by the results of divisive national elections. During his campaign…

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