It’s an election year and, of course, I have a lot of opinions. But I’ll try to keep my political leanings as neutral as possible…
As the pension industry faces shifting demographics and rising longevity, and both the former and current federal governments have taken opposite positions on changing the…
While defined contribution pension plans evolve and defined benefit plans decline, the McGill University pension plan is a true blend of both types — at…
Imagine a scenario where an employee can’t afford to opt into their company’s defined contribution pension plan because of debt. Regardless of whether it’s a…
An organization that leverages its more experienced workforce — employees aged 50 years and older — will be well-positioned for the future of work, according…
As the federal Conservative Party finally introduced its election platform last week, it included a number of provisions around pension plan solvency and retirement security.…
While group retirement compliance is a legal requirement in the U.S., Canadian plan sponsors only have a set of guidelines and best practices to follow.…
Most (80 per cent) Canadians said they’d rather have an improved pension, or any pension, than a higher salary, according to new research by the Healthcare…
Hub International Ltd. is acquiring ProCorp Financial Inc., an Ottawa-based boutique benefits and retirement consulting firm. Hugh Doyle, president of ProCorp Financial, will join Hub Ontario and…
As Canadians struggle to make ends meet and manage growing debt, they’re increasing putting their future financial plans — including retirement — on the back…
The Ontario Medical Association is partnering with Common Wealth to offer its physician members and their spouses access to a retirement plan. The Advantages Retirement Plan,…
Canada has risen one spot, to No. 8, on a list of the countries that provide the best retirement security. The annual list, from Natixis Investment Managers,…
With the federal election about a month away, Canada’s political parties are rolling out their election platforms, making a host of promises to improve health care, employment…
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…
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…
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…
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…
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…
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…
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…
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 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 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 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…
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…