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Sounding Board: Are you ready for new pension advisory committee rules in Ontario?

Sounding Board: Are you ready for new pension advisory committee rules in Ontario?

The Ontario government recently issued final regulations regarding pension advisory committees that will come into effect on Jan. 1, 2017. People might legitimately wonder whether…

Auditor general reports highlight pension accounting policies

Auditor general reports highlight pension accounting policies

New Brunswick’s auditor general noted in her annual report last week that she’s pleased with recent progress to resolve the province’s audit issues, including accounting…

  • By: Staff
  • December 5, 2016 September 13, 2019
  • 08:40
Federal target-benefit conversions face an uphill battle

Federal target-benefit conversions face an uphill battle

While it may be true that there’s nothing new under the sun in the pension world, target-benefit plans may prove the exception. In the traditional…

  • December 2, 2016 September 13, 2019
  • 08:50
Employers, employees differ on automatic enrolment features: CAP Member Survey

Employers, employees differ on automatic enrolment features: CAP Member Survey

While 52 per cent of employee respondents said they would support automatic enrolment, just 27 per cent of employer respondents said they currently automatically enroll…

  • By: Staff
  • November 30, 2016 September 13, 2019
  • 21:43
GE Canada online retirement tool helps staff learn about decumulation scenarios

GE Canada online retirement tool helps staff learn about decumulation scenarios

GE Canada has relaunched its online retirement tool to help employees understand how the organization supports them in saving for retirement and how they can…

Is retirement adequacy the responsibility of employers or employees?

Is retirement adequacy the responsibility of employers or employees?

Employers and employees have very different views on who bears the responsibility for ensuring employees retire successfully, according to Benefits Canada’s 2016 CAP Member Survey.…

  • By: Staff
  • November 30, 2016 September 13, 2019
  • 09:36
Survey finds gap between plan sponsors, members on retirement prospects

Survey finds gap between plan sponsors, members on retirement prospects

While plan members feel fairly confident about their retirement prospects, employers aren’t quite so optimistic, Benefits Canada‘s 2016 CAP Member Survey has found. The biggest…

  • By: Staff
  • November 29, 2016 September 13, 2019
  • 09:26
Canadian Bank Note de-risks pension plan with longevity agreement

Canadian Bank Note de-risks pension plan with longevity agreement

Canadian Bank Note Company Ltd. has entered into a longevity agreement with the Canada Life Assurance Co., transferring $35 million of longevity risk associated with…

  • By: Jann Lee
  • November 28, 2016 September 13, 2019
  • 10:00

Majority of gen-x Canadians not ready for retirement: survey

The majority of Canadians between age 35 and 54 are not saving enough for retirement, according to a new TD survey that looked at the…

  • By: Jann Lee
  • November 28, 2016 September 13, 2019
  • 09:00
Manitoba submits PRPP bill to boost workplace retirement savings

Manitoba submits PRPP bill to boost workplace retirement savings

The government of Manitoba has introduced legislation to bring pooled registered pension plans to the province, a move first referenced in the throne speech on…

  • By: Jann Lee
  • November 25, 2016 September 13, 2019
  • 10:47
Ontario spent $800K on ads after cancelling ORPP

Ontario spent $800K on ads after cancelling ORPP

The Ontario government spent $793,925 on new advertising out of the budget for the Ontario Retirement Pension Plan after cancelling the program, according to documents…

Strong returns cited as RCMP pension deficit shrinks

Strong returns cited as RCMP pension deficit shrinks

The financial status of the Royal Canadian Mounted Police pension plans showed significant improvement as returns for one of them hit a high of 16.3…

Manitoba to introduce pooled retirement pension plans

Manitoba to introduce pooled retirement pension plans

The government of Manitoba has announced it will introduce pooled retirement pension plans as a new option to help the province’s employees save for retirement.…

  • By: Jann Lee
  • November 23, 2016 September 13, 2019
  • 10:30

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…