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Canadian equities lifted DB pension returns in 2016: report

Canadian defined benefit pension plans closed out 2016 with an annual return of 6.8 per cent, up from 5.4 per cent in 2015, according to…

  • By: Staff
  • February 7, 2017 September 13, 2019
  • 10:57
Sounding Board: Tips for overcoming the hurdle of pension plan disengagement

Sounding Board: Tips for overcoming the hurdle of pension plan disengagement

At a time when 11 million Canadians don’t have a workplace pension plan, it makes good sense for those who do to learn about their…

Economic council suggests backtrack on retirement age

Economic council suggests backtrack on retirement age

The federal government’s advisory council on economic growth has released its second wave of recommendations that include extending the age of eligibility for the Canada Pension Plan,…

Have your say: Does medical pot ruling portend coverage changes for benefits plans?

Have your say: Does medical pot ruling portend coverage changes for benefits plans?

Last week, injured elevator technician Gordon Skinner won the right to have his medical marijuana prescription covered by his employer-sponsored plan. It’s not the first time a plan…

  • By: Staff
  • February 7, 2017 September 13, 2019
  • 09:22
Five steps to setting up a DC pension plan

Five steps to setting up a DC pension plan

You’ve decided to launch a defined contribution pension plan for your employees, but you don’t know where to begin. What’s the answer? How do you…

Why Canadians aren’t contributing to RRSPs: survey

Why Canadians aren’t contributing to RRSPs: survey

Fewer Canadians plan to contribute to registered retirement savings plans this year compared to last year (46 per cent versus 50 per cent), though the…

  • By: Staff
  • February 3, 2017 September 13, 2019
  • 09:05
Hamilton hospital hosts back-to-basics financial education series

Hamilton hospital hosts back-to-basics financial education series

St. Joseph’s Healthcare Hamilton went back to the basics of budgeting and planning when it hosted a recent series of financial education sessions for employees. The…

Changes to Ford’s pension accounting led to $2B loss in 2016

Changes to Ford’s pension accounting led to $2B loss in 2016

Ford Motors Company has adjusted its method of accounting for pension contributions and other post-retirement employee benefits, the company noted in a filing to the…

  • By: Staff
  • February 1, 2017 September 13, 2019
  • 09:17
Loblaw buys $350M in annuities for inflation-linked DB obligations

Loblaw buys $350M in annuities for inflation-linked DB obligations

Loblaw Companies Ltd. has purchased annuities from Sun Life and BMO Insurance to reduce risk from its inflation-linked defined benefit pension plans. Read: Is it time…

Have your say: Is Quebec striking the right balance with QPP reforms?

Have your say: Is Quebec striking the right balance with QPP reforms?

While reforms to the Canada Pension Plan are well underway, the debate on what to do with the Quebec Pension Plan is just getting started…

  • By: Staff
  • January 31, 2017 September 13, 2019
  • 09:16
Canadian pension plans moving slowly but surely towards DC: survey

Canadian pension plans moving slowly but surely towards DC: survey

Canadian pension plans have grown significantly over the past decade, a survey by Willis Towers Watson has found. Total pension assets were US$965 billion in…

  • By: Staff
  • January 31, 2017 September 13, 2019
  • 09:09
Sounding Board: Expansion of QPP necessary for future of Canada’s retirement system

Sounding Board: Expansion of QPP necessary for future of Canada’s retirement system

Though Canada’s retirement income system was ranked eighth among 27 countries by the 2016 Melbourne Mercer Global Index, it also revealed the weaknesses in our…

QPP reform must target middle-income earners: ACPM

QPP reform must target middle-income earners: ACPM

While the Association of Canadian Pension Management is in favour of enhancing the Quebec Pension Plan, it’s calling for a targeted solution to the problem…

  • By: Staff
  • January 27, 2017 September 13, 2019
  • 09:29

52% of U.S. private sector workers with employer-sponsored retirement plans say they contribute: survey

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…

  • By: Staff
  • April 29, 2024 April 29, 2024
  • 15:00

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

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

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…

  • By: Staff
  • May 3, 2024 May 2, 2024
  • 09:00

Public meeting in Edmonton attracts hundreds amid talk of province’s CPP withdrawal

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…

  • By: Staff
  • April 30, 2024 April 29, 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

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

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…

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

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…