As the defined contribution pension industry continues to mature, employers are considering ways to improve them by introducing elements of defined benefit plans, an industry…
Two-thirds of households are setting aside money for retirement, taking advantage of either a registered pension plan, a registered retirement savings plan or a tax-free…
Nova Scotia is following in the footsteps of a number of other provinces by looking into its funding framework for defined benefit pension plans. Like…
Mercer is introducing outsourced governance for employers with defined contribution pension plans. The offering, Mercer Future Wise, will delegate employers’ plan governance to a team…
The OPSEU Pension Trust has completed the 1,000th trade from its in-house trading floor, which was launched in June. The decision to manage a large…
The Ontario government’s disagreement over how to treat the surpluses of two of its major pension plans is heating up once again as the province’s auditor…
The median solvency ratio of Canadian defined benefit pension plans declined to 96.5 per cent in August, amid rising global political instability and subdued equity…
The Ontario Teachers’ Pension Plan reached an asset total of $180.5 billion as of June 30, 2017, representing a $4.9-billion increase since the start of…
Nearly half (46 per cent) of working Canadians believe they’ll have to work longer than they’d planned five years ago as a result of not saving enough, according…
Eckler Ltd. has named researcher Bonnie-Jeanne MacDonald as its new resident scholar. MacDonald, an actuary and researcher at Dalhousie University, drew attention in 2014 when…
Canada has edged out Britain as the fifth-largest country by share of pension assets, according to a new report from Willis Towers Watson. On Monday,…
Benefits Canada is pleased to announce the list of finalists for the 2017 Workplace Benefits Awards. The finalists will find out who won at a luncheon on…
While defined contribution plans were a small piece of the pension market when Benefits Canada first rolled off the presses in 1977, the Co-operative Superannuation…
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…