CAAT pension plan reaches 118% funded status
The Colleges of Applied Arts and Technology pension plan’s funded status has grown to 118 per cent, up from 113 per cent last year. According to…
- By: Staff
- March 1, 2018 September 13, 2019
- 15:45
Top Stories in Pensions
Gender inequality in the workplace, retirement addressed in budget
While the government didn’t denote any dollar amount to support its efforts to promote gender pay equity, the 2018 federal budget did state that legislation would be forthcoming to…
- By: Martha Porado
- February 27, 2018 September 13, 2019
- 18:54
Budget commits to consultations on pension security issues in wake of Sears
Referring to Sears Canada Inc.’s recent pension issues, the government announced in its 2018 budget it would seek feedback from pensioners, employees and companies in the coming months…
- By: Martha Porado
- February 27, 2018 September 13, 2019
- 18:43
Actuarial analysis required for Ontario’s proposed PBGF changes: CIA
The Canadian Institute of Actuaries is urging Ontario to take an actuarial approach to its proposed changes for the pension benefits guarantee fund. The province has proposed increasing…
- By: Staff
- February 23, 2018 September 13, 2019
- 16:15
Expand CPP replacement rate, create universal pharmacare, urges alternative federal budget
Expand the Canada Pension Plan replacement rate to 50 per cent of earnings. Cap annual contributions to registered retirement savings plans at $22,000. Establish a public…
- By: Staff
- February 22, 2018 September 13, 2019
- 16:56
Sears issues back in spotlight amid updated forecast for pension, benefit claims
While U.S. hedge fund investor and Sears Canada Inc. shareholder Eddie Lampert suggested in a blog post earlier this month that the shortfall in the…
- By: Glenn Kauth
- February 22, 2018 September 13, 2019
- 09:07
CPP reform to result in fewer jobs until late 2020s: report
The Canada Pension Plan enhancement will cost 64,000 jobs by the time it’s fully in effect, according to a new analysis from the Canadian Federation…
- By: Staff
- February 21, 2018 September 13, 2019
- 16:00
New group formed to oppose guideline on advisor compensation disclosure
A new group has emerged to oppose the Canadian Life and Health Insurance Association’s new guideline around disclosing compensation paid to intermediaries in group benefits…
- By: Ryan Murphy
- February 21, 2018 September 13, 2019
- 10:26
The vast potential of blockchain technology
Next year will mark the 10th anniversary of bitcoin, a global electronic currency invented by a mysterious anonymous figure called Satoshi Nakamoto. The same individual…
- By: Danny Bradbury, Investment Executive
- February 20, 2018 September 13, 2019
- 16:30
Total RRSP contributions rise as number of contributors declines slightly
Despite a rise in total contributions to registered retirement savings plans in 2016, the total number of contributors was down slightly, according to the latest census…
- By: Staff
- February 20, 2018 September 13, 2019
- 10:10
Hub International acquires B.C.-based pension, benefits firm
Hub International Ltd. has acquired a British Columbia-based pension and benefits consulting firm. On Friday, Chicago-based Hub International announced it had acquired the shares of…
- By: Staff
- February 20, 2018 September 13, 2019
- 09:49
Life expectancy increases for OAS recipients showing signs of slowing down
Life expectancy has risen continually since 2000 for both male and female old-age security beneficiaries, according to a new fact sheet from the Office of the…
- By: Staff
- February 20, 2018 September 13, 2019
- 08:15
Benefits Canada News
Get to know Australia’s superannuation plans at the 2018 Benefits and Pension Summit
With a mature system of defined contribution pension plans, Australia offers some lessons for how Canada’s industry may evolve. At Benefits Canada’s upcoming Benefits and Pension…
- By: Sara Ametrano
- February 16, 2018 September 13, 2019
- 09:00
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…
- By: Sadie Janes
- April 26, 2024 April 26, 2024
- 09:00
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
Feds seeking to boost domestic investments by Canadian institutional investors: budget
In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
- By: Staff
- April 17, 2024 April 16, 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…
- By: Julius Melnitzer
- April 24, 2024 April 23, 2024
- 09:00
FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan
In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…
- By: Staff
- April 17, 2024 April 16, 2024
- 09:00
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…
- By: Sadie Janes
- December 4, 2023 December 1, 2023
- 09:00
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…
- By: Kelsey Rolfe
- November 20, 2023 November 15, 2023
- 07:58