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Sounding Board: How blockchains, AI can transform pension administration

Sounding Board: How blockchain, AI can transform pension administration

Smartphones, touch screens and voice-assisted technologies like Siri and Alexa are transforming our lives. As people rely more on machines to help manage their daily…

Pension solvency liabilities rise amid low interest rates, returns: report

Pension solvency liabilities rise amid low interest rates, returns: report

Diversified pooled pension fund managers posted a median return of 0.7 per cent before management fees for the second quarter of 2017 and a median…

  • By: Staff
  • July 25, 2017 September 13, 2019
  • 16:15
Private sector pension membership fell by 11,600 in 2015: Statistics Canada

Private sector pension membership fell by 11,600 in 2015: Statistics Canada

Assets in registered pension plans were $1.7 trillion in 2015, a three per cent increase from 2014, according to new figures published by Statistics Canada.…

  • By: Staff
  • July 24, 2017 September 13, 2019
  • 16:25
Have your say: Is Canada facing a looming retirement crisis?

Have your say: Is Canada facing a looming retirement crisis?

Concerns about pension security have been an issue for some time now, but is the gap in retirement savings as bad as it seems? The…

  • By: Staff
  • July 24, 2017 September 13, 2019
  • 13:11
How employers can benefit from the trend towards delayed retirement

How employers can benefit from the trend towards delayed retirement

The demise of many defined benefit pension plans, increased debt levels in retirement and lower savings levels have all contributed to the prevalence of employees…

  • July 24, 2017 September 13, 2019
  • 07:00
OSFI defines eligible default investment options for PRPPs

OSFI defines eligible default investment options for PRPPs

The Office of the Superintendent of Financial Institutions has issued a guideline defining the eligible default investment options under pooled registered pension plans. The Pooled Registered…

Canada facing $13.4-trillion retirement savings deficit by 2050

Canada is facing a $13.4-trillion retirement savings deficit by 2050, up from a $2.7-trillion shortfall in 2015, according to a new report by Mercer. Among all…

  • By: Staff
  • July 19, 2017 September 13, 2019
  • 12:54
Canada slides down a spot in global retirement security ranking

Canada slides down a spot in global retirement security ranking

Canada has dropped one spot in a list of the countries that provide the best retirement security, according to the latest global retirement index by…

  • By: Jann Lee
  • July 19, 2017 September 13, 2019
  • 08:00
Retention bonuses of $9.2M for key Sears Canada staff spark outcry

Retention bonuses of $9.2M for key Sears Canada staff spark outcry

Sears Canada’s plan to pay out millions in bonuses to keep executives and key staff on board while not paying severance to laid-off workers is…

CAPSA consulting on funding, asset allocation for multi-jurisdictional pensions

CAPSA consulting on funding, asset allocation for multi-jurisdictional pensions

The Canadian Association of Pension Supervisory Authorities is asking industry stakeholders to weigh in on its proposed changes to funding and asset allocation rules for…

  • By: Jann Lee
  • July 17, 2017 September 13, 2019
  • 09:45
Fast-growing pension funds cite returns from alternatives for solid performance in 2016

Fast-growing pension funds cite returns from alternatives for solid performance in 2016

Alternative investments have been the name of the game for many of the leaders on Benefit Canada‘s list of the fastest-growing pension funds for 2016. Both…

OMERS pensioners suggest future retirees consider health in retirement: survey

OMERS pensioners suggest future retirees consider health in retirement: survey

The vast majority (86 per cent) of the Ontario Municipal Employees Retirement System’s pensioners are happy they retired when they did, according to a new…

  • By: Staff
  • July 14, 2017 September 13, 2019
  • 08:27
Sears Canada agrees to continue special payments to DB plan, retiree benefits

Sears Canada agrees to continue special payments to DB plan, retiree benefits

Sears Canada Inc. has reversed course and will continue to make special payments to its defined benefit pension plan and provide post-employment benefits plans until…

Chipotle expanding benefits offering to focus on career development, student debt

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…

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

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…

  • By: Staff
  • April 19, 2024 April 18, 2024
  • 09:00

Feds seeking to boost domestic investments by Canadian institutional investors: budget

In its 2024 budget on Tuesday, the federal government announced a new working group dedicated to encouraging increased domestic investments by Canadian institutional investors. Former…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

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

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.…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

Ontario court sides with IBM in pension benefits rectification case

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…

FSRA focusing on target-benefit framework for MEPPs, sustainability of PBGF in 2024-25 annual plan

In its 2024-25 annual plan, the Financial Services Regulatory Authority of Ontario is focusing on assessing and mitigating systemic and high-priority risks in the province’s…

  • By: Staff
  • April 17, 2024 April 16, 2024
  • 09:00

Just a third of U.K pension plan members feel they’ve saved enough to retire: survey

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,…

  • By: Staff
  • April 26, 2024 April 25, 2024
  • 09:00

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

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…