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Taxpayers on hook for liabilities in federal staff pension plans: report

Taxpayers on hook for liabilities in federal staff pension plans: report

A new report by the C.D. Howe Institute says taxpayers are on the hook for the unfunded liability of pension plans for federal employees. In…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:45
Schroders names Shawn Cohen as institutional director

Schroders names Shawn Cohen as institutional director

Schroders Investment Management Ltd. is appointing Shawn Cohen as institutional director, a role aimed at building relationships with defined contribution record keepers and third-party asset…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 16:15
CLHIA announces tweaks to advisor compensation disclosure guideline

CLHIA announces tweaks to advisor compensation disclosure guideline

The Canadian Life and Health Insurance Association is tweaking its approach to its compensation disclosure guideline, including a provision to allow advisors to deliver the information…

National retirement program for non-profit sector in the works

National retirement program for non-profit sector in the works

Retirement firm Common Wealth is part of a new effort aimed at creating a national, portable retirement plan for Canada’s non-profit sector. The goal of…

  • By: Staff
  • May 31, 2018 September 13, 2019
  • 10:11
A closer look at Ontario political parties’ pension, benefits promises

A closer look at Ontario political parties’ pension, benefits promises

Despite not yet announcing its election platform, Ontario’s Progressive Conservative Party may have the greatest potential for affecting pensions and benefits in Ontario. “The Conservatives’…

Surveys show pension concerns for both Canadian millennials, seniors

Surveys show pension concerns for both Canadian millennials, seniors

Almost a third (32 per cent) of Canadian millennials cited the lack of a pension plan as one of the concerns of working in the gig…

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 16:00
New contract for Iron Ore workers includes pension, health benefits increases

New contract for Iron Ore workers includes pension, health benefits increases

United Steelworkers union members in western Labrador have ratified a five-year collective agreement that includes increases to medical benefits, pensions and wages. More than 1,300…

  • By: Staff
  • May 29, 2018 September 13, 2019
  • 15:30
Creating a thriving workplace with data, personalized employee benefits

Creating a thriving workplace with data, personalized employee benefits

Some organizations are unique. Their employees are genuinely excited to be at work and an undercurrent of energy and vitality permeates the air. They’ve transformed the…

  • May 29, 2018 September 13, 2019
  • 10:00
Blue Pier launches customized, outsourced workplace pension

Blue Pier launches customized, outsourced workplace pension

Blue Pier is introducing a new customized, fully outsourced workplace pension plan to encourage all employers to offer retirement savings programs to their employees. The…

  • By: Staff
  • May 28, 2018 September 13, 2019
  • 15:05
Unions continue effort to convert multi-employer pension to target-benefit plan

Unions continue effort to convert multi-employer pension to target-benefit plan

As lobbying efforts intensify to keep Canadian Nuclear Laboratories’ employees in the public service pension, plans are moving ahead to convert a multi-union, multi-employer plan into a…

Ontario Liberals promise improved pension access, portability

Ontario Liberals promise improved pension access, portability

If re-elected, the Ontario Liberals are promising to expand access to workplace pension plans in the private sector, improve portability and create options for the self-employed…

  • By: Staff
  • May 25, 2018 September 13, 2019
  • 09:50
Have your say: Are public sector pensions really revenue generators for governments?

Have your say: Are public sector pensions really revenue generators for governments?

Public sector pension plans often come under criticism for what some observers suggest is the high costs paid by taxpayers to fund generous benefits. A…

  • By: Staff
  • May 22, 2018 September 13, 2019
  • 15:00
Are tontines a solution to Canada’s decumulation challenges?

Are tontines a solution to Canada’s decumulation challenges?

With the aging of Canada’s population, the move to defined contribution pension plans in the private sector and increases in life expectancy, the issue of…

  • May 21, 2018 September 13, 2019
  • 11:38

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

Chipotle expanding benefits offering to focus on career development, student debt

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…

Top 5 HR, benefits, pension and investment stories of the week

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…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 2024
  • 09:00

Top 5 HR, benefits, pensions and investment stories of the week

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.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Ontario court sides with IBM in pension benefits rectification case

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…

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

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,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Clear, flexible regulations needed for target-benefit plans: report

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…

  • By: Staff
  • March 19, 2024 March 18, 2024
  • 09:00

OPB working with employers to receive salary information of employees impacted by Bill 124

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…

  • By: Staff
  • March 12, 2024 March 13, 2024
  • 15:00

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…

Desjardins using budget workshops, interactive game to support employee financial wellness

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…

  • By: Sadie Janes
  • November 24, 2023 November 23, 2023
  • 09:00

2023 Healthy Outcomes Conference: A closer look at the mental, physical, financial risk factors facing plan members

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…