The overall solvency position improved slightly for federally registered pension plans in 2016 compared to 2015, but the majority of funds remained slightly underfunded on…
Sears Canada Inc.’s announcement on Tuesday that it will seek a liquidation order from the Ontario Superior Court of Justice appears to vindicate the earlier…
Ted Rogers School of Management’s National Institute of Ageing has appointed Bonnie-Jeanne MacDonald as its inaugural senior research fellow. In the role, she will conduct…
One year after the federal government unveiled legislation that would allow federally regulated employers to offer target-benefit pension plans, the proposal has stalled in the…
The environment for pension plans in Canada has changed dramatically in recent years, and the challenges facing plan sponsors are multiplying. The good news is…
The Netherlands has long had a reputation for having a strong two-pillar retirement system that provides retirees with an income replacement rate of at least…
Defined contribution plan administrators that want to boost members’ financial behaviour should follow the lead of superstitious sports stars by embracing the surprising power of…
Enbridge, Jazz Aviation and the Royal Bank of Canada were among the companies recognized by the federal government for their commitment to creating diverse and…
Employees at the Canadian Electrolytic Zinc Ltd. refinery outside of Montreal have voted to reject the final contract offer from the their parent company after…
Nova Scotia’s auditor general is sounding the alarm about the financial status of the province’s teachers’ pension plan, calling for action to address its “serious…
For those who aren’t accountants, it’s likely quite difficult to determine who’s right in the ongoing debate between the Ontario government and the province’s auditor…
The Global Risk Institute in Financial Services is creating a national pension hub that will be a Canadian centre for pension knowledge and research. It…
The median solvency ratio of Canadian defined benefit pension plans reached 99.3 per cent in the third quarter of 2017, bolstered by two interest rate…
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…
A story on how private payers are implementing preferred pharmacy networks to reduce benefits plan costs was the most-read story on BenefitsCanada.com this week. Here…
Hundreds of Albertans turned out for a meeting in Edmonton last week to hear officials from the Canada Pension Plan Investment Board discuss the state…
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.…
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,…
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…
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…
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…