Pensions Page 161

Top Stories in Pensions

Unifor decries Co-op’s ‘final offer’ on pension, files unfair labour practices complaint

Unifor decries Co-op’s ‘final offer’ on pension, files unfair labour practices complaint

Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor…

  • By: Staff
  • March 30, 2020 November 30, 2020
  • 15:00

Should early access to retirement funds be allowed due to coronavirus?

With many people around the world facing layoffs due to business shutdowns caused by the coronavirus, financial stress is pervasive. In Australia, the government is…

Will coronavirus push changes to CAP landscape forward?

Will coronavirus push changes to CAP landscape forward?

With the federal government easing the withdrawal requirements for registered retirement income funds in a bid to alleviate the harm to retirees’ portfolios caused by…

Sounding Board: Governments must ease burden on pension plans in era of coronavirus

Sounding Board: Governments must ease burden on pension plans in era of coronavirus

Canadians, like many around the world, have watched from the sidelines as interest rates have plummeted and the markets have dropped significantly over the past…

Retirement system must reflect Canadians working longer: report

Retirement system must reflect Canadians working longer: report

While some may still dream of an early retirement, the world where freedom 55 seemed like a genuine possibility is no longer the world we live…

Nav Canada, Unifor reach agreement with early retirement option, pay rise

Nav Canada, Unifor reach agreement with early retirement option, pay rise

Nav Canada’s air navigation specialists are receiving a new end-of-career leave program and a three per cent wage increase in their new collective agreement. The…

A look at how five DC plan members are approaching decumulation

A look at how five DC plan members are approaching decumulation

Sometimes, the best way to explore the unknown is by following in the footsteps of someone who’s been there first. When it comes to in-plan…

Q&A with IBM Canada’s Katherine Faichnie

IBM Canada Ltd.’s director of HR talks data and analytics, holistic employee health and playing the piano Q. What top challenges do you face in…

80% of U.S. employers set to have financial wellness program by 2023: survey

80% of U.S. employers set to have financial wellness program by 2023: survey

While fewer than half (42 per cent) of U.S. employers are currently offering financial wellness programs, that number is set to almost double to 80 per…

  • By: Staff
  • March 12, 2020 November 11, 2020
  • 15:30
How can plan sponsors help pension members during volatile times?

How can plan sponsors help pension members during volatile times?

Once again, we’re experiencing volatile markets. During these times, it’s common to hear the following statements: It isn’t time to panic. This has happened before. Make sure the…

  • March 10, 2020 November 30, 2020
  • 08:30
Retirement age rising for millennials, gen X and boomers: report

Retirement age rising for millennials, gen X and boomers: report

Freedom 55? It’s looking more like Freedom 70 for some Canadians, but there are strategies that working baby boomers, generation Xers and millennials can employ…

  • By: Staff
  • February 25, 2020 November 30, 2020
  • 09:15
Canadian law firms to join CAAT’s DBPlus pension plan

Canadian law firms to join CAAT’s DBPlus pension plan

Lawyers Financial has inked a deal with the Colleges of Applied Arts and Technology pension plan to offer law firms the chance to join the CAAT’s DBplus. The…

  • By: Staff
  • February 24, 2020 November 12, 2020
  • 09:15
Majority of millennial workers in DC pension plans: report

Majority of millennial workers in DC pension plans: report

As millennials enter their prime working years many are actively saving for their retirements, according to a new report by Wells Fargo Institutional Retirement and Trust.…

  • By: Staff
  • February 21, 2020 November 30, 2020
  • 08:45

ACPM asking feds for greater retirement savings pooling and portability

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…

  • By: Staff
  • May 15, 2026 May 13, 2026
  • 09:00

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…

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

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…

  • By: Staff
  • May 22, 2026 May 21, 2026
  • 09:00

Court decision in surplus pension case has no precedent for plan sponsors

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…

Permanent EOT legislation providing incentive for employers, supporting wealth distribution: expert

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…

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