While renovation shows on television tend to take a sledgehammer to every surface in a house for dramatic effect, there’s another way. Defined contribution pension…
The selection of a target-date fund glide path is more crucial than ever as the migration from DB to DC pension plans continues. Since its…
The old adage “good things come to those who wait” is especially true of Canada and Quebec Pension Plan benefits. A $1,000 monthly CPP/QPP benefit…
Collective defined contribution pension plans could begin to replace DC plans, just as DC plans have replaced the majority of defined benefit plans in recent…
With many employers currently planning where employees will work post-coronavirus pandemic, our story on the Royal Bank of Canada’s hybrid work model piqued the interest…
Nearly half (44 per cent) of employers that offer retirement benefits said employee productivity has been better than normal over the past year, compared to…
The Ontario Teachers’ Pension Plan is appointing Kathryn Fric (pictured) as its next chief risk officer, effective Nov. 1. Fric will report to Jo Taylor,…
The typical Canadian defined benefit pension plan deteriorated on a solvency basis but improved on an accountancy basis in September, according to a new report…
Increasing yield for long-term government bonds and a flat credit spread through the third quarter of 2021 are driving up defined benefit pension liabilities, according…
While the return of two Canadians imprisoned in China since 2018 may lead the Canadian government to rethink its relationship with the world’s most populous…
Canadians reported slightly higher levels of financial well-being in the summer of 2021, with many focusing on saving for retirement, according to a new survey…
Canada’s first National Day for Truth and Reconciliation was front of mind this week, with Benefits Canada‘s look at how employers can mark the inaugural…
Nearly a quarter (23 per cent) of working Canadians say the coronavirus pandemic has delayed their — or their spouse’s — timeline to retirement, according…
Allowing increased retirement savings pooling and portability can help improve efficiency, as well as pension plan member retention and continuity, according to a policy recommendation…
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…
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…
An article on a recent Ontario Superior Court decision related to surplus pension assets was the most-read article on BenefitsCanada.com this past week. Here are…
A recent Ontario Superior Court decision related to surplus pension assets was a rubber stamp of the monitor’s recommendations, rather than a decision with precedential…
The federal government’s recent announcement that it will make the employee ownership trust tax exemption permanent is a major incentive for employers to transition their…
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…
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 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 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…