If there’s one thing Canada’s pension industry can agree on, it’s the work that needs to be done around defined contribution pension plans. In February,…
Despite changing demographics and rising health-care costs, it’s uncommon for employers to include retirees in their pension and benefits governance. However, the University of Waterloo…
In 2017, New Jersey’s Police and Firemen’s Retirement System took a closer look at its investment in Nike Inc. following an advertising campaign featuring former…
Employees have multi-dimensional lives, with responsibilities outside the workplace that affect how they perform within it. This is why companies that are consistently recognized as…
While estimating the longevity of a pension plan’s membership isn’t a new concept, developments in using big data and new tools in predictive modelling could…
On Jan. 1, 2018, Germany introduced pension legislation aimed at strengthening workplace pensions by creating a system of collective defined contribution plans. And yet, a…
Bruce Power Ltd. Partnership’s manager of human resources and total rewards shares her view on optimizing the benefits plan, enjoying the great outdoors and employee…
The government of Nova Scotia is making changes to its Pension Benefits Act with the aim of offering greater flexibility for defined benefit plan sponsors. The changes…
Buy-in and buyout annuity sales hit their highest level in Canadian history in 2018, reaching $4.5 billion, an increase of $800 million over 2017, according to data from…
As part of an ongoing joint venture, the Public Sector Pension Investment Board is purchasing a purpose-built student accommodation in London, England. Together with Greystar Real…
The Healthcare of Ontario Pension Plan grew its assets to $79 billion in 2018, up from $77.8 billion at the end of 2017. However, the plan’s funded…
Stress hurts, and it’s not just about mental and emotional health strain, it’s also about financial stress, according to a workforce well-being survey by Buck Consultants.…
The Colleges of Applied Art and Technology pension plan boosted its funding reserve to $2.6 billion, raising its funded status to 120 per cent on…
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…