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Top Stories in Pensions

2019 CAP Suppliers Report: A look at the RRSP-DPSP combination

The Swedish word “tack” translates to “thank you,” which is precisely what IKEA is saying to employees with its Tack! loyalty program. In Canada, the…

Are CAP sponsors changing contribution rates amid coronavirus?

Are CAP sponsors changing contribution rates amid coronavirus?

With companies finding themselves strapped for cash in the wake of the coronavirus, are plan sponsors scaling back on the company match in capital accumulation…

What pension legislation is expected in 2020?

What pension legislation is expected in 2020?

Pension plan stakeholders will see a continued evolution of both short- and long-term reform, with some significant developments expected in 2020. “Hopefully, Ontario will finalize…

New report calling on feds to allow Canadians to buy annuities within TFSAs

New report calling on feds to allow Canadians to buy annuities within TFSAs

A new report by the C.D. Howe Institute is recommending the federal government amend legislation to allow Canadians to buy life annuities within a tax-free savings account.…

  • By: Staff
  • December 19, 2019 November 30, 2020
  • 10:15
Co-op Refinery employees locked out over protracted pension dispute

Co-op Refinery employees locked out over protracted pension dispute

Eight hundred unionized employees of Regina-based Co-op Refinery remain locked out after contract negotiations stalled. The refinery, which is part of Federated Co-operatives Ltd., locked out…

Lower interest rates inflating federal pension costs: Morneau

Lower interest rates inflating federal pension costs: Morneau

Heading into 2020 and beyond, the outlook for interest rates is impacting the federal government’s projected pension obligations and its budgetary balance. In its 2019 fall economic…

  • By: Staff
  • December 17, 2019 November 30, 2020
  • 09:20
Millennials facing challenges saving for retirement: survey

Millennials facing challenges saving for retirement: survey

Two-thirds (65 per cent) of Canadian millennials said they worry if they buy a home and delay their savings, they won’t have enough for retirement,…

  • By: Staff
  • December 16, 2019 November 30, 2020
  • 09:30
70% of U.S. employees concerned about retirement savings: survey

70% of U.S. employees concerned about retirement savings: survey

The majority (70 per cent) of U.S. employees said their top financial concern is saving enough money for retirement, according to a new survey by…

  • By: Staff
  • December 13, 2019 November 11, 2020
  • 09:15

OECD urging countries to strengthen pension systems: report

The Organisation for Economic Co-operation and Development is urging governments around the world to urgently reform their pension systems to ensure employees in temporary or part-time employment can…

  • By: Staff
  • December 12, 2019 December 1, 2022
  • 09:00
French workers need to work until age 64 to get full pension

French workers need to work until age 64 to get full pension

French Prime Minister Edouard Philippe said the minimum retirement age will remain 62, but employees will have to work until 64 to receive a full…

Proposed Manitoba pension rule changes would permit creation of solvency reserve accounts

The Manitoba government has proposed changes to the provincial Pension Benefits Act that will allow the creation of in-plan solvency reserve accounts for defined benefit…

CLHIA white paper calls for more flexible annuities in CAPs, TFSAs

CLHIA white paper calls for more flexible annuities in CAPs, TFSAs

As pension regulators move forward with legislation permitting annuity options for certain capital accumulation plans, the Canadian Life and Health Insurance Association is calling on…

  • By: Staff
  • December 5, 2019 November 30, 2020
  • 15:45
Alberta Pension Services Corp. ordered to pay retiree $267K for misrepresentation of benefits

Alberta Pension Services Corp. ordered to pay retiree $267K for misrepresentation of benefits

The Alberta Court of Appeal has upheld a $267,017 award to a pensioner for negligent misrepresentation after the Alberta Pensions Services Corp. provided mistaken estimates…

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