Extending people’s working lives could provide a windfall of more than $4.6 trillion across Organisation for Economic Co-operation member countries, according to new report by PricewaterhouseCoopers.…
The kingdom of Belgium has presented Ron Mock, president and chief executive officer of the Ontario Teachers’ Pension Plan, with its second-highest order of knighthood.…
After nearly two months of strike action, Compass Minerals International Inc. and hourly workers at its mine in Goderich, Ont., remain at a stalemate in…
The Ontario Public Service Employees Union is adding its voice to the concerns about possible pension plan changes by the Ontario Municipal Employees Retirement System.…
At the end of its 2018 fiscal year, the Public Sector Pension Investment Board posted a net return of 9.8 per cent, representing $13.5 billion…
Quebec has passed its bill eliminating disparities in pension and supplementary group benefits plans. The bill was passed on Tuesday with a number of additions to the province’s…
While an investment bank that provides advisory services to the federal government has approached the Canada Pension Plan Investment Board about the Trans Mountain pipeline,…
Lower bond yields and mixed markets drove down the median solvency ratio of Canadian defined benefit plans in May, according to Aon’s monthly survey. On June 1,…
Canadian group annuity sales reached an estimated $1 billion in the first quarter of 2018, according to Willis Towers Watson’s quarterly update. The significant volume…
The reduction in government benefits (38 per cent), life expectancy (27 per cent) and volatility in financial markets (24 per cent) are the most frequently…
In comparing the Canada Pension Plan to private pensions, a new study finds the latter face more regulatory hurdles, are more complex and face higher…
As part of a comprehensive plan review, the Ontario Municipal Employees Retirement System is looking at a number of changes, including to indexing provisions. While…
BFL Canada Consulting Services Inc. has appointed Jean-Daniel Côté as vice-president of retirement. Based in Montreal, Côté will play a senior consulting role for a range…
While more than two-thirds (69 per cent) of private sector workers in the U.S. have access to an employer-sponsored retirement savings plan, just half (52…
In anticipation of 25 per cent to 35 per cent growth in Canada by the end of 2024, restaurant chain Chipotle Mexican Grill Inc. is making…
A story on how Organon Canada is supporting women employees at every stage of their career was the most-read story on BenefitsCanada.com. Here are the top…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
An article on how employers are enhancing their benefits packages to boost talent attraction and retention was the most-read story on BenefitsCanada.com this past week.…
An Ontario Superior Court ruling that allowed IBM Canada Ltd. to retrospectively rectify drafting errors that created unintended additional pension benefits for employees on disability…
Only a third (31 per cent) of U.K. pension plan members say they have sufficient retirement savings, down slightly from 32 per cent in 2022,…
Clear and flexible regulations that reflect the nature and diversity of target-benefit plans would allow these plans to thrive, according to a new report from…
The Ontario Pension Board is working closely with employers to receive updated salary information from public sector workers that may have been impacted by 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…
Desjardins Insurance is marking Financial Literacy Month with a series of budgeting workshops for employees and an interactive game to help improve financial literacy. The…
Many plan members are experiencing risk factors related to poor mental, physical and financial well-being, but often don’t know they can turn to their benefits…