The National Pension Hub is awarding funding to three research projects, focusing on themes like portfolio construction and plan design. The hub, which the Global…
Software company Thrive Savings Inc. is launching a financial wellness app for employers to help their employees with their savings goals. The app, which is available on…
The Ontario Municipal Employees Retirement System’s real estate arm is entering into a $1 billion co-investment in a British residential company. Oxford Properties Group, along…
The Bank of Canada is set to announce a decision on the target for its overnight rate on Wednesday. Widely expected to be a 25…
When employers are making changes, such as introducing a new benefits or pension offering, scaling back health benefits or changing plan design, it’s important to engage employees and give them…
Hub International Ltd. is acquiring two more Canadian companies as it rolls out its strategy for expanding its employee benefits and pension business in Canada. “We…
There’s a significant gap between how much people are actually saving for retirement and how much they think they need to be putting away, according…
The Association of Canadian Pension Management has found its new chief executive officer in Ric Marrero. Recently serving as interim chief executive officer, Marrero is…
Benefits like employer-paid registered retirement savings plan contributions are among payroll components to be subject to British Columbia’s new employer health tax. The B.C. government…
CIBC Mellon has appointed former Canada Pension Plan Investment Board managing director Karen Rowe as its new chief financial officer. At the CPPIB, Rowe was…
Canadian defined benefit pension plans posted a higher median solvency ratio at the end of the second quarter of 2018 in comparison to earlier in…
Canada’s defined benefit pension plans saw continued improvements in their solvency positions during the second quarter of 2018, according to Mercer’s latest pension health index.…
The federal government has increased the old-age security benefit by 1.2 per cent as of July 1. The change means a single senior receiving OAS…
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…