Pensions Page 2

Top Stories in Pensions

Feds’ report dismisses Alberta’s CPP entitlement, offers formula to calculate potential exit: expert

While it doesn’t contain an exact figure, the federal government’s official rebuttal to a 2023 report — which argued Alberta is entitled to more than…

Average solvency ratio of DB pension plans increased 3% in Q4 2024: report

The median solvency ratio of Canadian defined benefit pension plans increased to 125 per cent by the end of the fourth quarter of 2024, up…

  • By: Staff
  • January 9, 2025 January 8, 2025
  • 09:00

VPLAs, target-benefit pension legislation among CIA’s 2025 priorities

Variable payment life annuities and the impact of gender identity on actuarial standards are among the issues the Canadian Institute of Actuaries is monitoring in…

Lawsuit alleges feds prevented part-time RCMP officers from buying back into pension plan

The National Police Federation, which represents 20,000 Royal Canadian Mounted Police officers, has launched a class action claiming the federal government has wrongfully prevented part-time…

Effective AI integration requires customization effort from pension plan sponsors: report

User personalization and an ease-of-use approach are key in the adoption of artificial intelligence technology tools by pension plan sponsors, according to a new report…

  • By: Staff
  • January 7, 2025 January 7, 2025
  • 09:00
Copyright_hin255_123RF

Expert panel: Regulatory guidelines, geopolitical risk impacting pension plan sponsors in 2025

With the start of a new year, there are several developments and trends that will likely impact Canadian pension plan sponsors in 2025. Implementation of…

TTC Pension Plan appointing Heather Wolfe as CEO

The Toronto Transit Commission Pension Plan is appointing Heather Wolfe as its new chief executive officer, effective March 3, 2025. She succeeds acting CEO James…

  • By: Staff
  • January 3, 2025 January 3, 2025
  • 14:00

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

An article on declining mental health among Canadian workers was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources,…

  • By: Staff
  • January 3, 2025 January 2, 2025
  • 09:00

FSRA monitoring target-benefit framework, pension risks in 2025

The Financial Services Regulatory Authority of Ontario is closely monitoring administrative risk and pension plan sponsors’ geopolitical concerns in 2025, says Andrew Fung, the organization’s…

Survey finds student loan repayment programs on the rise in U.S.

The majority (92 per cent) of U.S. employers offer some sort of educational benefit, with the most common being tuition assistance/repayment programs, according to a…

  • By: Staff
  • January 2, 2025 December 20, 2024
  • 09:00
Copyright_skorzewiak_123RF

Top 10 HR, benefits, pension and investment stories of 2024

From the unlocking of pension benefits in Nova Scotia to new pay transparency rules in Ontario, stories about pension and employment legislation caught the eyes…

  • By: Staff
  • December 23, 2024 December 19, 2024
  • 09:00
Copyright_marcogovel_123RF

Canadian workers’ mental health on the decline, driven by financial anxiety: survey

The mental health of Canadian workers has dropped below levels last seen at the start of the coronavirus pandemic, driven by a steep decline in…

  • By: Staff
  • December 23, 2024 December 19, 2024
  • 09:00

Six in 10 Canadian employees planning to change jobs this year: survey

Six in 10 Canadian (57 per cent) employees say they’re either in the process of moving employers or may seek new employment in the next…

  • By: Staff
  • January 21, 2025 January 21, 2025
  • 15:00

Acera Insurance’s group benefits division expanding to Saskatchewan through BMA Group partnership

Calgary-based Acera Insurance Services Ltd. is expanding its group benefits division to Saskatchewan through a partnership with Saskatoon-based group benefits and retirement consultancy BMA Group.…

  • By: Staff
  • January 17, 2025 January 15, 2025
  • 15:00

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

An article on the impact of U.S. President-elect Donald Trump’s tariff threats and Prime Minister Justin Trudeau’s resignation on financial markets was the most-read story…

  • By: Staff
  • January 17, 2025 January 16, 2025
  • 09:00

How crypto-friendly Trump administration could impact institutional investors

The cryptocurrency-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses could push states to become more open to crypto and lead…

France’s new PM says he’ll renegotiate contested plan to raise retirement age

France’s new Prime Minister François Bayrou announced this week the renegotiation of a contested plan raising the retirement age from 62 to 64, in a…

Verizon’s US$5.9BN pension risk transfer faces lawsuit alleging breach of fiduciary duties

Verizon Communications Inc. is facing a lawsuit by retirees alleging the organization breached its fiduciary duties and engaged in prohibited transactions when it completed a…

  • By: Staff
  • January 16, 2025 January 16, 2025
  • 09:00

Editorial: Challenges and opportunities amid an increasingly imbalanced generational divide

The keynote session at Benefits Canada’s 2024 Defined Contribution Investment Forum warned that the failure to plan for the ‘boomer bulge’ is affecting private and…

UAP supporting financial wellness with retirement toolkit

UAP Inc. is supporting employees’ financial wellness and retirement readiness with a new retirement toolkit. The toolkit, which launched this week, explains the company’s retirement…

  • By: Blake Wolfe
  • November 29, 2024 November 28, 2024
  • 09:00

Head to head: Are employers’ financial literacy initiatives translating into reality?

One expert suggests employers bridge their knowledge gap by finding ways to turn education into action, while another says companies’ commitments to ongoing financial literacy…

Amazon Canada’s new estate planning benefit key to financial wellness win

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 benefits program awarded for balancing innovation, sustainability

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…

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…