T. Rowe Price Group Inc. has appointed Lauren Bloom as head of defined contribution sales and intermediaries in Canada. Based out of Toronto, Bloom will lead sales…
The Common Good Retirement Initiative is seeking feedback on the design of a collective retirement plan for Canadian employees in the non-profit and charitable sector. The initiative,…
The New Brunswick Public Service Pension Plan is providing a full cost of living adjustment to its almost 38,000 members for the sixth straight year.…
The Caisse de dépôt et placement du Québec’s subsidiary CDPQ Infra has reached an agreement with the Canada Infrastructure Bank for the latter to invest…
The Ontario Teachers’ Pension Plan posted a net return of 3.2 per cent for the first half of 2018, adding $4.4 billion to the plan…
Only 40 per cent of Canadians who are classified as precarious workers have access to pension plans or registered retirement savings plans, compared to 85 per cent of…
The Ontario Municipal Employees Retirement System’s infrastructure arm is taking on a 50 per cent stake in the BridgeTex Pipeline Co. for $1.438 billion. With the purchase, OMERS…
SEI Investments Canada Co. has appointed Lucy Paglione as senior client portfolio manager. In the new role, Paglione will be responsible for managing relationships with the firm’s Canadian…
Franklin Templeton Investments Corp. is adding a suite of target-date funds to its offerings in Canada. Franklin LifeSmart is expanding to four new funds, covering new increments 2025,…
Air Canada is seeking finance ministry approval to form its own life insurance company as a gateway to the annuities market and a hedge against…
The Pension Investment Association of Canada has submitted its comments on the federal government’s unclaimed pension balances framework, noting the solution to the problem is the…
A new collective agreement for 6,500 health-care employees in Nova Scotia includes a new employee retention incentive and the option to take a payout from…
While retirement income security is top of mind for many Canadians, British Columbia’s public sector pension plans are noteworthy models that can be emulated by sponsors…
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…