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Top Stories in Pensions

Head to head: Are employers making progress on the gender pay gap?

While Canada has had pay equity laws since the 1970s, gender pay gaps still exist, but new pay transparency legislation in British Columbia is aiming…

Getting to know Shannan Corey and the Saskatchewan Pension Plan

Working in the pension industry has always been aligned with Shannan Corey’s personal interests and values. Her father was an actuary so she was exposed…

  • By: Sadie Janes
  • September 15, 2023 September 14, 2023
  • 08:56

Largest global pension funds’ combined assets decreased 12.9% in 2022: report

The world’s largest 300 pension funds saw their assets decrease by 12.9 per cent to US$20.6 trillion in 2022, down from $23.6 trillion at the…

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00
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34% of U.S. women don’t have an employer-sponsored retirement plan: survey

A third (34 per cent) of U.S. women say they don’t have access to an employer-sponsored retirement plan, while a fifth (22 per cent) say…

  • By: Staff
  • September 14, 2023 September 13, 2023
  • 09:00

CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar

The Canadian Association of Pension Supervisory Authorities’ new risk management guideline allows for additional flexibility amid evolving issues such as cybersecurity and environmental, social and…

  • By: Blake Wolfe
  • September 11, 2023 September 10, 2023
  • 09:00
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Canadian employers say competing for talent, rising mental-health issues impacting benefits strategy: survey

Canadian employers say competition for talent (84 per cent), rising mental-health issues (63 per cent) and a focus on inclusion and diversity (48 per cent)…

  • By: Staff
  • September 11, 2023 September 10, 2023
  • 09:00

Online gig work growing rapidly, but workers lack benefits, retirement plans: report

Roughly half of online gig workers across the globe don’t have a retirement plan, a percentage that increases among Venezuelan (73 per cent) and Nigerian (75 per…

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Newfoundland and Labrador arbitrator rules pension grievance can proceed despite late filing, citing ‘culture of acquiescence’

An arbitrator has ruled that a pension grievance filed seven years beyond a collective agreement’s time limit could proceed because of the employer’s “culture of…

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Metro, Unifor agreement includes pension, benefits gains

The union representing 3,700 frontline grocery workers at 27 Metro Inc. stores across the Greater Toronto Area has ratified a collective agreement that includes pension and…

  • By: Staff
  • September 7, 2023 September 6, 2023
  • 09:00
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U.S. public DB pension plans’ funded ratio continues to increase: report

The funded ratio of the 100 largest U.S. public defined benefit pension plans increased to 76.8 per cent as of July 31, up from 75.8…

  • By: Staff
  • September 5, 2023 September 1, 2023
  • 12:08
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Research finds pensions struggle to determine metrics for ESG goals

There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication…

21% of Canadian workers considering leaving their job: survey

A fifth (21 per cent) of Canadian workers say they’re considering leaving their job, according to Telus Health’s latest mental-health index. The average mental-health score…

  • By: Staff
  • September 5, 2023 September 5, 2023
  • 09:00

Top 5 HR, benefits, pension and investment stories of the week

An article on the Ontario Court of Appeal upholding its decision in the Brewers Retail Inc. pension case was the most-read story on BenefitsCanada.com over the…

  • By: Staff
  • September 1, 2023 August 31, 2023
  • 09:00

Back to basics on investment glide paths

Simply put, a glide path is a calculation designed to support an employee’s desired retirement timeline through investments in a target-date fund. When an employee…

Employer matching key to supporting young workers’ retirement readiness: report

Employer-sponsored retirement plans that offer matching contributions can help younger workers retire earlier and with more money, according to a new report by Mercer Canada.…

  • By: Staff
  • April 11, 2024 April 10, 2024
  • 09:00

47% of U.S. millennials are moderately confident they’ll save enough for retirement: survey

Nearly half (47 per cent) of U.S. millennials are moderately confident in their ability to accumulate enough retirement savings, according to a new survey by…

  • By: Staff
  • April 9, 2024 April 8, 2024
  • 09:00

Where do Canadian institutional investors stand on calls for increased domestic investments?

A renewed call for increased domestic investments by Canadian pension plans isn’t surprising amid an ongoing discussion around the role of investment organizations in supporting the…

Ontario continues work on infrastructure bank, target-benefit pension plan framework

In its 2024 budget on Tuesday, the Ontario government reiterated its support for a provincial infrastructure bank to leverage public sector pension investments. The bank,…

  • By: Staff
  • March 27, 2024 March 27, 2024
  • 15:00

More than £50 billion in U.K. pension benefits at risk of being lost, misplaced: study

More than £50 billion in U.K. pension benefits were at risk of being misplaced in abandoned accounts or scattered across multiple lost pots in 2023,…

  • By: Staff
  • March 25, 2024 March 25, 2024
  • 15:00

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

UPP keeping plan members engaged, informed with new web portal

The University Pension Plan is launching a new web portal to prioritize plan member engagement throughout the year. “Transparency is an important value to our…

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…