In 2021, Foresters Financial redesigned its retirement and benefits plans to be more flexible, relevant and competitive, modernizing the plans with the recognition that employees…
The economic impact of the pandemic has been unevenly distributed across various industries, with travel and transportation among the hardest-hit sectors. However, while travel restrictions…
The federal government’s 2022 budget is addressing long-standing rules preventing defined benefit plan sponsors from borrowing in most circumstances. In the $56-billion budget, which is…
The vast majority of U.S. employers are eyeing enhancements to their defined contribution pension plans in an effort to boost their employees’ retirement security and…
Canadian employees’ top concerns are physical health and fitness, work load and work-life balance, ability to retire and mental health, according to a new survey…
The Ontario Municipal Employees Retirement System Sponsors Corp. is appointing Laurie Hutchinson as its new chief executive officer, effective April 18, 2022. In the new…
The federal government’s 2022 budget, which set out $56 billion in new spending on Thursday, has a few offerings that could impact employers and employees.…
While a typical Canadian defined benefit pension plan saw negative investment returns in March, it also improved on a solvency and accounting basis, according to…
Changes to the calculation of commuted pension values in Canada are making it more challenging for defined benefit pension plan members to determine an optimal…
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to…
Empower Retirement, the U.S. subsidiary of Great-West Lifeco Inc., has completed the previously announced acquisition of Prudential Financial Inc.’s full-service retirement business. With the completed…
While 84 per cent of U.S. employees believe their employer should be responsible for their financial well-being, only 55 per cent feel their company is concerned…
In 2020, more than 6.2 million Canadians put aside a total of $50.1 billion for their retirement by making contributions to their registered retirement savings…
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 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…
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…
With the new year may come new resolutions — or at least topics to keep in mind — for capital accumulation plan sponsors. Ongoing compliance…
Just 48 per cent of working Canadians say they have an employer-sponsored pension plan, according to a new survey by IG Wealth Management. The survey,…
Retirement advice and personalization are becoming foundational expectations for employees, not optional enhancements, said Rachel Weker, retirement strategist at T. Rowe Price Group Inc., during…
Don Smith, the recently suspended chair of the Colleges of Applied Arts and Technology pension plan’s board of trustees, has been removed from his position…
The Colleges of Applied Arts and Technology pension plan has suspended its board chair Don Smith. The pension organization, which oversees more than $23 billion…
The Healthcare of Ontario Pension Plan is appealing a Dutch tax court ruling against the investment organization. Th court backed the investigation of a tax…
Tourism Kingston is supporting employee financial well-being and retirement readiness with a new group registered retirement savings plan. The program, provided by the Empire Life…
When the Canadian Association of Pension Supervisory Authorities updated its capital accumulation plan guideline in September 2025, the Co-operative Superannuation Society Pension Plan conducted an…
Wealthsimple Inc. is marking Financial Literacy Month with a two-part series of information sessions on how women can build financial confidence. The sessions cover estate…