When it comes to educating women about retirement and their finances, the needle hasn’t moved enough in the past few decades because the language being…
While many organizations have launched a sustainability strategy, Sun Life Financial Inc.’s strategy is anchored in three fundamental principles: financial security, sustainable investing and living…
While defined contribution pension plan sponsors are focusing on providing members with information, education and guidance to ensure they’re ready for retirement, advice is becoming…
In a panel discussion during Benefits Canada‘s 2022 DC Plan Summit, three defined contribution pension plan sponsors shared how their plans are evolving to ensure…
An open dialogue about diversity, equity and inclusion is vital for raising the resilience and overall wealth of pension plan members, said Ryan Weiss, vice-president…
With the 2015 merger of Kraft Foods and H.J. Heinz Co., Kraft Heinz Canada was left with a “mixed bag” of savings and retirement programs.…
Providing tools to help defined contribution pension plan members make solid financial decisions rather than making the decisions for them was the impetus for Canadian…
The Pension Regulator, the U.K. government body that oversees defined benefit pension plans, is calling on plan sponsors to help advance a three-pronged strategy to…
Pension spending alone supported more than 41,000 jobs across Alberta and contributed more than $4.4 billion to the province’s gross domestic product in 2021, according…
The union representing more than 200 employees at Arconic Corp. in Lethbridge, Alta. has ratified a four-year collective agreement that protects the defined benefit pension…
New Brunswick is amending its Pension Benefits Act to allow for enhanced communications with plan members, exempt compulsory membership for religious beliefs and allow for reserve…
Alcoa Corp. is de-risking roughly US$1 billion in U.S. defined benefit pension obligations and assets with an annuity transfer. The group annuity contracts will be…
The union representing nearly 800 employees at Calgary and Vancouver airports has ratified a first contract that includes retirement and benefits gains. The contract cements…
The Financial Services Regulatory Authority of Ontario is seeking feedback on its proposed guidance on requirements for pension plans to take certain actions to avoid…
The uniting theme at the 2022 Defined Contribution Plan Summit was financial wellness, a chief concern for any employer that offers a pension plan to…
While one expert says the two approaches work most effectively together, the other highlights the importance of complete divestment. Adam Scott, director at Shift Action…
An article on Canadian employers increasing salaries and offering remote work to attract talent was the most-read story on BenefitsCanada.com over the last week. Here…
The 2022 Defined Contribution Plan Summit, which was hosted in Victoria, B.C. on May 11-13, featured several case studies from innovative DC plan sponsors, as…
Dynamic pension pools can have a significant and positive impact on retirement outcomes if they’re supported by the appropriate legislative changes, said Barbara Sanders, associate…
In the wake of the coronavirus pandemic, five major stressors are impacting Canadians’ overall well-being, with four of these related to finances: the knowledge gap,…
During a session at Benefits Canada‘s 2022 DC Plan Summit, Simon Cabral, Scotiabank’s director of global defined contribution plans, shared how the organization ties employees’…
The Canadian Investment Review is now accepting nominations for the 2022 Pension Leadership Awards. The third annual Pension Leadership Awards will celebrate the organizations and individuals…
Scotiabank has promoted Ayman Alvi to vice-president of global pension and benefits. Alvi joined the bank in 2019 as director of global benefits. Previously, he…
An article on a ruling against the Blue Cross Life Insurance Co. of Canada and how it could affect long-term disability premiums was the most-read…
Brown and Caldwell is recognizing employees’ hard work and resilience over the last two years with a company-wide salary increase. In July, the engineering consultancy…