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Key questions for pension trustees to ask advisors

Key questions for pension trustees to ask advisors

Aon Hewitt has developed a series of 10 questions for pension trustees to use to make sure they’re getting the most out of their relationships…

  • By: Staff
  • January 26, 2018 September 13, 2019
  • 09:26
New report proposes national pooled longevity insurance program

New report proposes national pooled longevity insurance program

Since Canadians rely on a patchwork of incomes to fund their retirement, the worry by many of running out of money is a real possibility. A new…

Canadians worry about outliving retirement savings: surveys

Canadians worry about outliving retirement savings: surveys

More than 60 per cent of Canadians are concerned they’ll outlive their retirement savings and 45 per cent don’t feel confident they’ll be able to…

  • By: Staff
  • January 23, 2018 September 13, 2019
  • 16:45
2018 to be a significant year for pension reform in Ontario

2018 to be a significant year for pension reform in Ontario

While 2017 was a relatively uneventful year in terms of legislative changes affecting pension plans, 2018 promises to be more significant, at least for many defined benefit…

  • January 23, 2018 September 13, 2019
  • 08:30
Metal producer to freeze DB plan, shift to DC

Metal producer to freeze DB plan, shift to DC

Alcoa Corp. is freezing its defined benefit pension plan for Canadian and U.S. salaried employees. Effective Jan. 1, 2021, the change affects approximately 800 workers who will move…

  • By: Staff
  • January 22, 2018 September 13, 2019
  • 10:48
Nearly a quarter of U.S. employees don’t receive benefits: survey

Nearly a quarter of U.S. employees don’t receive benefits: survey

About a quarter (23 per cent) of full-time American employees don’t receive workplace benefits such as health insurance, paid vacation or a retirement savings plan, according…

  • By: Staff
  • January 22, 2018 September 13, 2019
  • 10:31
Compensation disclosure guideline making waves in benefits, retirement market

Compensation disclosure guideline making waves in benefits, retirement market

A proposed guideline setting out standards for the disclosure of intermediary compensation in group benefits and retirement services could have a big effect on the market. Dave Patriarche,…

Manitoba Liberals, union concerned with direction of province’s pension proposals

Manitoba Liberals, union concerned with direction of province’s pension proposals

Manitoba’s Liberal Party is concerned about a number of pension plan design changes put forth by the province’s Conservative government in a public review earlier this…

Take advantage of current plan health by de-risking now, sponsors urged

Take advantage of current plan health by de-risking now, sponsors urged

Whether plan sponsors expect a bear or a bull market in 2018, if they’re in a position to de-risk their pension plan, they should do…

Pension plans navigating a world of ‘stable instability’

Pension plans navigating a world of ‘stable instability’

With several reasons for both optimism and pessimism about the economy this year, the world appears to be in a state of “stable instability,” an…

  • By: Glenn Kauth
  • January 18, 2018 September 13, 2019
  • 10:27
Allstate targets employee mindfulness, finances in January well-being programs

Allstate targets employee mindfulness, finances in January well-being programs

Building on a wellness program that covers employees’ overall well-being, Allstate Insurance Co. of Canada is introducing a trio of programs in January. “January can be a stressful and…

CLHIA launches cross-Canada sessions about compensation disclosure guideline

CLHIA launches cross-Canada sessions about compensation disclosure guideline

The Canadian Life and Health Insurance Association will be holding information sessions in the coming weeks about its new guideline for disclosing compensation to intermediaries…

  • By: Staff
  • January 16, 2018 September 13, 2019
  • 10:22
Annuities, funding policies among Quebec pension changes

Annuities, funding policies among Quebec pension changes

Plan sponsors and administrators finally have guidance on Quebec’s supplemental pension plan legislation, two years after initial amendments on Jan. 1, 2016. The regulations, which came into…

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

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…

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

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…

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

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…

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…