Canadian defined benefit pension plans made gains in their solvency position in the third quarter of 2017, according to the Mercer Pension Health Index. The…
The Canadian Institute of Actuaries is consulting with its members on the development of a public statement for policy-makers about what’s next for Canada’s retirement…
Just months after emerging from bankruptcy protection, Stelco Inc. has filed a preliminary prospectus for an initial public offering as part of a plan to…
Retirement savings products once again led the way in the growth of the life and health insurance industry, according to the Canadian Life and Health…
Nortel Networks Corp., Stelco Inc., Sears Canada Inc. These are just a few of the many bankruptcy or restructuring cases that have catapulted the financial…
The Department of Finance’s draft tax legislative proposals, published on Sept. 8, include amendments to improve the clarity and effectiveness of the goods and services…
A Quebec Superior Court decision refusing to give priority to pension contribution deficiencies in the context of a mining company’s restructuring has ramped up the…
Financial concerns weigh heavily on employees’ minds both at home and at work, according to a new survey by Ernst & Young. As such, many…
Brink’s Canada Ltd. employees are pushing back again the company’s proposal to move them from a defined benefit pension into a defined contribution plan. The…
The federal New Democratic Party is proposing changes to federal bankruptcy laws to protect employees and retirees when their employer files for bankruptcy. Its End…
For plans sponsors that haven’t comprehensively reviewed their statements of investment policies and procedures in a while, it may be time to refresh the document to…
Members of the Youth Services Bureau of Ottawa pension will be voting this fall on whether to join the Colleges of Applied Arts and Technology…
The Ontario Superior Court has postponed a motion by Sears Canada Inc. retirees and employees to wind up the company’s defined benefit pension plan. On…
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…
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.…
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…
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,…
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…
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…
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…