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…
The ongoing Sears Canada Inc. and Wabush Mines restructurings illustrate that there’s perhaps nothing as vexing in insolvency situations as the position that pension deficits…
Robust equity markets led U.S. institutional investment plans to strong gains in 2017 with a median return of 15.3 per cent for the year, according to new data by Northern Trust Corp.…
Two senior executives at the Canada Pension Plan Investment Board are about to reach retirement themselves. Nick Zelenczuk, senior managing director and chief operations officer,…
After 18 years of litigation, a settlement has delivered $7 million to former employees of the Canada Mortgage and Housing Corp. involved in two class…
Canadians have been contributing less to their registered retirement savings plans so far this year, according to a new survey by BMO Financial Corp. Its annual…
Global defined contribution plan assets are growing faster than defined benefit pension assets, according to a new report by the Thinking Ahead Institute and Willis Towers…
Canadian defined benefit plans posted a median return of 4.29 per cent in the last quarter of 2017, a marked improvement compared to the median return of…
The Canadian Life and Health Insurance Association is seeking feedback on a number of areas related to its new compensation disclosure guideline. Last month, the…
Members of the Canadian Union of Public Employees Local 561 in Coquitlam, B.C., have voted to transfer active employees from the School District No. 43…
Ahead of the next federal budget, the Canadian Life and Health Insurance Association is recommending the government allow Canadians to hold annuities within tax-free savings accounts.…
The Saskatchewan Pension Plan is introducing a significant increase to the annual contribution limit available to participants. Effective immediately, the annual limit will rise to…
While construction giant Carillion is grappling with a massive pension deficit in its British operations, the Canadian arm, which filed for bankruptcy protection this week,…
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…
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…
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 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…
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…