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Top Stories in Pensions

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Report finds U.S. DC plan members continuing contributions in Q1, despite market upheaval

Just 0.9 per cent of 35 million U.S. defined contribution pension plan members ceased making contributions during the first quarter of 2022, according to a…

  • By: Staff
  • June 22, 2022 June 23, 2022
  • 15:00
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No need for separate OSFI culture risk management guideline, says CIA

Culture risk management can be enhanced within existing risk management frameworks, says the Canadian Institute of Actuaries, adding it doesn’t see a need for a…

  • By: Staff
  • June 22, 2022 June 21, 2022
  • 09:00

Unifor, PW Transit agreement includes CAAT DBplus pension membership

The union representing Pacific Western Transit Canada workers in Pemberton, Squamish and Whistler, B.C., has ratified a five-year collective agreement that will see members move…

  • By: Staff
  • June 21, 2022 June 20, 2022
  • 09:00

Expert panel: Time for pension plan sponsors to focus on rebuilding mutually beneficial relationships with asset managers

As mask mandates lift and life gets back to normal, defined benefit plan sponsors and institutional asset managers are looking forward to re-engaging with each…

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Stelco entering $1.3BN annuity buy-in for DB pension

Stelco Inc. is de-risking one of its defined benefit pension plans with a $1.3 billion annuity buy-in. The deal, which covers more than 7,000 United…

  • By: Staff
  • June 20, 2022 June 23, 2022
  • 09:00
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Updated CAP guidelines must reflect changes in the pension industry: CPBI session

As the Canadian Association of Pension Supervisory Authorities looks to update its capital accumulation plan guidelines, the amendments must reflect the changes in the industry,…

Charmaine-Alexander

2022 BPS coverage: Plan sponsors should be bold with benefits plan design amid ‘Great Resignation’

The ‘Great Resignation’ is ushering in a period of great transformation for employers, the workforce and the workplace of the future, said Charmaine Alexander, senior…

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81% of employees factoring hybrid work into job search: survey

Eight in 10 (81 per cent) white-collar workers cite hybrid work as a top factor when looking for a new job, ranked alongside higher pension…

  • By: Staff
  • June 16, 2022 June 16, 2022
  • 15:00
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ACPM provides feedback on proposed amendments to pension accounting standards

The Association of Canadian Pension Management is providing feedback on the Accounting Standards Board’s proposed amendments to the Chartered Professional Accountants of Canada’s handbook, including…

  • By: Staff
  • June 16, 2022 June 15, 2022
  • 09:00
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CAPSA seeking feedback on risk management guidelines

The Canadian Association of Pension Supervisory Authorities is seeking feedback on three risk management guidelines. The guidelines will cover pension plans’ use of leverage, cyber…

  • By: Staff
  • June 15, 2022 June 14, 2022
  • 09:00

Average solvency position of Canadian DB pension plans improved in May: report

The average Canadian defined benefit pension plan saw improvements in its solvency position in May, according to LifeWorks Inc.’s latest monthly report. An investment portfolio…

  • By: Staff
  • June 14, 2022 June 14, 2022
  • 12:30
NL’s College of Physicians and Surgeons latest employer to join DBplus pension

NL permitting electronic naming of beneficiaries for pensions, retirement plans

Pension and retirement plan members in Newfoundland and Labrador can now designate beneficiaries through electronic means. The amendment allows individuals to name beneficiaries electronically for…

  • By: Staff
  • June 10, 2022 June 10, 2022
  • 15:00
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HOOPP approves pension increase for active members

The Healthcare of Ontario Pension Plan is increasing its lifetime pension for all active plan members effective Jan. 1, 2023. As an example, under the…

  • By: Staff
  • June 10, 2022 June 13, 2022
  • 09:25

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