The Canadian Institute of Actuaries has responded to Ontario’s description of its proposed funding rules for defined benefit plans. While the provincial government’s document, published in December 2017, included details…
Fewer than half (41 per cent) of Canadians are putting money in an investment vehicle such as a registered retirement savings plan or a tax-free savings account, according…
The Laborers’ International Union of North America pension plan is suing a number of financial institutions for allegedly conspiring to fix prices within the foreign exchange market. The…
The Cape Breton Regional Municipality is transferring its defined benefit plan into Nova Scotia’s public service superannuation plan. The transfer includes 1,157 members, 724 of whom…
A group of Sears Canada Inc. pensioners will ask the Ontario Superior Court of Justice on Thursday to appoint a litigation trustee to review certain actions leading up to…
The median solvency ratio for defined benefit plans regulated by the Financial Services Commission of Ontario was 94 per cent in the last quarter of…
The Canada Pension Plan Investment Board saw a net increase of $8.9 billion in assets during the final quarter of 2017, bringing its total to $337.1…
Advisors are making it clear they want to be a part of the conversation as the Canadian Life and Health Insurance Association develops its new compensation disclosure…
Ninety per cent of Canadians don’t have a retirement plan that takes into account their desired post-retirement lifestyle, according to a new survey by the Canadian Imperial…
Deron Waldock has joined McCarthy Tétrault LLP as a partner in its national pension, benefits and compensation group, working out of the firm’s Toronto office.…
Manulife Financial Corp. is partnering with Vitech Systems Group Inc. as a software provider and system integrator for its Canadian group benefits business. Vitech’s insurance…
When Loblaw Companies Ltd. purchased annuities to reduce the risk in its defined benefit pension plans in January 2017, the $350-million, inflation-linked buyout kicked off…
While retirement may not yet be at the top of millennials’ priority lists, it won’t be long before they arrive on the pension scene. How…
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…
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…
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…
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…
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…