The Association of Canadian Pension Management is calling for increased clarity regarding Ontario’s rules for the valuation and division of pension payments following a marriage…
The recent announcement that General Motors of Canada Co. purchased $1.8 billion of annuities for its salaried pension plan is creating a lot of excitement.…
Employees at two Canadian pension plans are being recognized for their responsible investment achievements. The British High Commission and the Canada Climate Law Initiative named…
More than 470 employees at a Nestlé Canada plant in Toronto are on strike after Unifor Local 252 and the company failed to reach an…
The Canadian National Railway Co. is amending its pension policy after awarding benefits to a widower who was initially denied because of an outdated rule…
Tucked away in the federal budget are proposals that will lighten the load for defined contribution pension plan administrators confronted with historical under and over…
Canadian employers are making ongoing changes to their pension and benefits offerings as the coronavirus pandemic drags on, according to a new survey by the…
The University of Toronto Asset Management Corp. ended 2020 with pension and endowment returns of 11.7 per cent and 11.6 per cent, respectively. In a…
The Nova Scotia Teachers’ Pension Plan returned 6.78 per cent in 2020, increasing net assets to $5.519 billion, but falling short of the policy benchmark…
The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet…
The Conference Board of Canada’s 150 group plan members are joining the College of Applied Arts and Technology’s defined benefit pension plan. Effective June 1,…
We are now in Month 14 of the coronavirus pandemic. For institutional investors like pension plans, this pandemic and its consequences highlight the reality of…
The Colleges of Applied Arts and Technology Pension Plan is reporting an 11.1 per cent return for 2020, exceeding its policy benchmark by 0.4 per…
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…